Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) Short Interest Down 37.6% in June

Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMSTGet Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 71,355 shares, a drop of 37.6% from the May 31st total of 114,420 shares. Based on an average daily volume of 428,636 shares, the short-interest ratio is presently 0.2 days. Currently, 6.6% of the company’s shares are short sold.

Defiance Daily Target 1.5X Short MSTR ETF Price Performance

Defiance Daily Target 1.5X Short MSTR ETF stock opened at $56.51 on Friday. The firm has a fifty day simple moving average of $42.66 and a two-hundred day simple moving average of $60.68. Defiance Daily Target 1.5X Short MSTR ETF has a twelve month low of $17.59 and a twelve month high of $154.16.

Institutional Investors Weigh In On Defiance Daily Target 1.5X Short MSTR ETF

A hedge fund recently bought a new stake in Defiance Daily Target 1.5X Short MSTR ETF stock. Jump Financial LLC purchased a new position in shares of Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMSTFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 26,480 shares of the company’s stock, valued at approximately $2,457,000. Jump Financial LLC owned about 7.36% of Defiance Daily Target 1.5X Short MSTR ETF at the end of the most recent reporting period.

Defiance Daily Target 1.5X Short MSTR ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2x Short MSTR ETF (SMST) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x inverse exposure to the daily share price movement of MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. SMST was launched on Aug 20, 2024 and is issued by Defiance.

Featured Articles

Receive News & Ratings for Defiance Daily Target 1.5X Short MSTR ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defiance Daily Target 1.5X Short MSTR ETF and related companies with MarketBeat.com's FREE daily email newsletter.