SMST

Investor Moves

Name	Value	Action	Change	Price	Current Price
Ken GriffinCitadel Advisors $-4.1M ExitQ1 2026 $4.1M -- $34.06
Ken GriffinCitadel Advisors $4.1M44.3k shares AddQ4 2025 $2.6M $92.80 $34.06
Ken GriffinCitadel Advisors $586.5K AddQ3 2025 $586k -- $34.06

Trade SMST

About Daily Target 1.5X Short MSTR ETF

The Defiance Daily Target 2X Short SMCI ETF, referred to as "the Fund," aims to achieve daily investment performance, prior to the deduction of fees and expenses, that corresponds to two times the inverse (-200%) movement of Super Micro Computer, Inc.'s (NASDAQ: SMCI) stock price on any given trading day. This specialized approach, targeting daily inverse leveraged returns, distinguishes it significantly from most typical exchange-traded funds, and there is no assurance that it will successfully meet its stated objective. Therefore, investors should not anticipate the Fund to mirror -200% of SMCI's cumulative returns over periods extending beyond a single trading day.

IPO Date: Jul 15, 2024

Market Data

Open: $49.75
High: $58.00
Low: $49.69
Volume: 331.6K
Avg Volume: 409.9K
52W High: $154.16
52W Low: $17.59

Valuation

Market Cap: $28M
Enterprise Value: $-11M
Dividend Yield: 0.00%

Financials

Free Cash Flow: $85M
Revenue: $281M
Net Income: $-8.8M
Cash: $54M
Debt: $0

Events

IPOJul 15

NASDAQ