Stock Traders Purchase High Volume of Call Options on Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX)

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) saw unusually large options trading on Thursday. Investors purchased 47,324 call options on the company. This represents an increase of approximately 78% compared to the average daily volume of 26,530 call options.

Hedge Funds Weigh In On Defiance Daily Target 1.75X Long MSTR ETF

Several large investors have recently bought and sold shares of MSTX. Parallel Advisors LLC increased its holdings in shares of Defiance Daily Target 1.75X Long MSTR ETF by 650.0% in the third quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock valued at $32,000 after buying an additional 1,300 shares in the last quarter. Bogart Wealth LLC acquired a new position in shares of Defiance Daily Target 1.75X Long MSTR ETF in the 4th quarter worth $31,000. Vestor Capital LLC grew its holdings in shares of Defiance Daily Target 1.75X Long MSTR ETF by 1,765.7% in the 2nd quarter. Vestor Capital LLC now owns 66,121 shares of the company’s stock worth $2,669,000 after acquiring an additional 62,577 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Defiance Daily Target 1.75X Long MSTR ETF by 20,359.6% during the fourth quarter. Farther Finance Advisors LLC now owns 112,528 shares of the company’s stock worth $433,000 after purchasing an additional 111,978 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Defiance Daily Target 1.75X Long MSTR ETF during the second quarter valued at $12,726,000. Institutional investors and hedge funds own 4.09% of the company’s stock.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

NASDAQ:MSTX opened at $3.47 on Friday. The stock has a market cap of $315.67 million, a price-to-earnings ratio of -20.41 and a beta of 2.11. Defiance Daily Target 1.75X Long MSTR ETF has a 1 year low of $3.01 and a 1 year high of $49.76. The business has a fifty day moving average of $4.70 and a 200-day moving average of $17.19.

Defiance Daily Target 1.75X Long MSTR ETF Company Profile

The Defiance Daily Target 2x Long MSTR ETF (MSTX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. MSTX was launched on Aug 14, 2024 and is issued by Defiance.