Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) Short Interest Update

Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 11,650 shares, a drop of 34.7% from the June 30th total of 17,828 shares. Approximately 2.6% of the company’s shares are sold short. Based on an average trading volume of 275,956 shares, the short-interest ratio is currently 0.0 days.

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

An institutional investor recently bought a new position 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:SMST) in the 4th quarter, according to the company in 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 as of its most recent filing with the SEC.

Defiance Daily Target 1.5X Short MSTR ETF Price Performance

Shares of Defiance Daily Target 1.5X Short MSTR ETF stock opened at $55.00 on Friday. Defiance Daily Target 1.5X Short MSTR ETF has a twelve month low of $19.78 and a twelve month high of $154.16. The company’s fifty day moving average is $54.88 and its 200 day moving average is $57.24.

Defiance Daily Target 1.5X Short MSTR ETF Company Profile

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.