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

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) was the target of unusually large options trading on Wednesday. Stock traders acquired 34,406 call options on the stock. This is an increase of 54% compared to the typical volume of 22,328 call options.

Defiance Daily Target 1.75X Long MSTR ETF Trading Up 18.3 %

Shares of NASDAQ MSTX traded up $4.92 during mid-day trading on Wednesday, reaching $31.75. The company had a trading volume of 15,422,186 shares, compared to its average volume of 7,514,414. The company has a 50-day moving average price of $44.20 and a two-hundred day moving average price of $51.34. The stock has a market cap of $1.00 billion and a PE ratio of -188.15. Defiance Daily Target 1.75X Long MSTR ETF has a 1-year low of $15.18 and a 1-year high of $220.99.

Defiance Daily Target 1.75X Long MSTR ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a $14.4276 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. Defiance Daily Target 1.75X Long MSTR ETF’s payout ratio is -8,482.35%.

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.