Stock Traders Buy High 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 recipient of unusually large options trading activity on Monday. Investors bought 6,778 call options on the stock. This represents an increase of 17% compared to the average volume of 5,808 call options.

Institutional Trading of Defiance Daily Target 1.75X Long MSTR ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MSTX. Bogart Wealth LLC acquired a new stake in shares of Defiance Daily Target 1.75X Long MSTR ETF in the 4th quarter valued at about $31,000. Parallel Advisors LLC increased its position in Defiance Daily Target 1.75X Long MSTR ETF by 650.0% during the third quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock worth $32,000 after buying an additional 1,300 shares during the period. Jump Financial LLC increased its position in Defiance Daily Target 1.75X Long MSTR ETF by 431.4% during the fourth quarter. Jump Financial LLC now owns 54,077 shares of the company’s stock worth $208,000 after buying an additional 43,900 shares during the period. Farther Finance Advisors LLC lifted its stake in Defiance Daily Target 1.75X Long MSTR ETF by 20,359.6% in the fourth quarter. Farther Finance Advisors LLC now owns 112,528 shares of the company’s stock valued at $433,000 after buying an additional 111,978 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in Defiance Daily Target 1.75X Long MSTR ETF in the second quarter valued at approximately $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 Up 12.1%

MSTX traded up $1.51 on Monday, reaching $13.96. The company had a trading volume of 7,919,818 shares, compared to its average volume of 6,371,283. Defiance Daily Target 1.75X Long MSTR ETF has a 1 year low of $6.72 and a 1 year high of $271.50. The stock has a market capitalization of $247.09 million, a PE ratio of -82.12 and a beta of 4.17. The stock has a 50-day moving average price of $9.49 and a 200-day moving average price of $20.16.

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.