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SMST
$13.84-$6.68 (-32.55%)live
Change$-1818.22
Held · Bookmarked
0 · 0
portfolios · users
Avg position size
—
of holders' portfolios
13F filers
0
institutions
52-week range
$13.80 – $154.16
0% from low
Sector
Asset Management
Exchange
NASDAQ
ETF
P/S (TTM)
2.5
EV / FCF (TTM)
6.6
Tidal Trust II Defiance Daily Target 2x Short MSTR ETF
SMST uses swap agreements to make bearish bets on MicroStrategy Incorporated's (NYSE: MSTR) share price. MSTR was originally known for its enterprise analytics software. It has then pivoted to include acquiring and holding Bitcoin (BTC) as another operational business. The fund maintains a daily leveraged exposure equivalent to -200% of the fund's net assets through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Additionally, the fund could potentially lose money over time, even if MSTR's performance strengthens. The fund is expected to invest in cash-like instruments as collateral. Following October 29, 2024, the fund adjusted its leverage ratio from 1.5x to 2x.
www.defianceetfs.com/smst- Employees
- 780
- IPO / List date
- Aug 20, 2024
- HQ
- US
Held by traders on TradeandTell
No one on the platform currently holds SMST.
Super investors & insiders
Institutions holding (13F)
No tracked institution reports a position in SMST as of their last filing.
Insider activity (SEC Form 4)
Stock splits
| Execution date | Ratio |
|---|---|
| 2025-05-23 | 1-for-20reverse |
| 2024-11-18 | 1-for-5reverse |
Recent trades on TradeandTell
No one on the platform has traded SMST yet.
