Notice: An IPO for SMST is planned for Wednesday, April 2, 2025 NASDAQ:SMST Defiance Daily Target 1.5X Short MSTR ETF (SMST) Price, Holdings, & News $4.06 +0.70 (+20.83%) As of 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsOwnershipTrendsBuy This Stock About Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SMST alerts:Sign Up Key Stats Today's Range$3.42▼$4.0750-Day Range$3.05▼$8.6452-Week Range$3.01▼$118.40Volume25.84 million shsAverage Volume24.05 million shsMarket Capitalization$37.80 millionAssets Under Management$62.85 millionDividend YieldN/ANet Expense Ratio1.29%Aggregate RatingN/A ETF OverviewThe 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.Read More… Remove Ads Defiance Daily Target 1.5X Short MSTR ETF ExpensesTypeSMSTSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFsManagement Fee1.29%0.95%0.56%0.53%0.53%Other Expenses0.00%0.36%0.49%0.43%0.52%Total Expense1.29%1.16%0.72%0.67%0.71%Fee Waiver0.00%-0.32%-0.50%-0.30%-0.55%Net Expense1.29%1.03%0.63%0.61%0.60% Receive SMST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Defiance Daily Target 1.5X Short MSTR ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address SMST ETF News HeadlinesSOXS, SMST: Big ETF OutflowsFebruary 2, 2025 | nasdaq.comSee More Headlines SMST ETF - Frequently Asked Questions How have SMST shares performed this year? Defiance Daily Target 1.5X Short MSTR ETF's stock was trading at $8.34 on January 1st, 2025. Since then, SMST shares have decreased by 51.3% and is now trading at $4.06. View the best growth stocks for 2025 here. When did Defiance Daily Target 1.5X Short MSTR ETF's stock split? Defiance Daily Target 1.5X Short MSTR ETF's stock reverse split before market open on Monday, November 11th 2024. The 1-5 reverse split was announced on Monday, November 4th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, November 8th 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. When will Defiance Daily Target 1.5X Short MSTR ETF IPO? Defiance Daily Target 1.5X Short MSTR ETF (SMST) plans to raise $864 million in an initial public offering (IPO) on Wednesday, April 2nd 2025. The company will issue 27,000,000 shares at $28.00-$36.00 per share. Citigroup, Wells Fargo Securities, KeyBanc Capital Markets and BMO Capital Markets will serve as the underwriters for the IPO. Who are Defiance Daily Target 1.5X Short MSTR ETF's major shareholders? Defiance Daily Target 1.5X Short MSTR ETF's top institutional investors include IMC Chicago LLC, Jump Financial LLC (1.53%), Jane Street Group LLC and Belvedere Trading LLC. How do I buy shares of Defiance Daily Target 1.5X Short MSTR ETF? Shares of SMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Fund Details IssuerDefiance ETFs Fund NameDefiance Daily Target 1.5X Short MSTR ETF Tax ClassificationRegulated Investment Company Stock ExchangeNASDAQCurrent SymbolNASDAQ:SMST Inception Date8/20/2024 Fund ManagerQiao Duan, Christopher Mullen WebN/A PhoneN/AFund Focus Asset ClassEquity BenchmarkN/A CategoryStrategy FocusSingle Stock Development LevelDeveloped Markets RegionNorth America Number of Holdings7 Fund Statistics Assets Under Management$62.85 million Average Daily Volume$0.00 Discount/Premium0.01% Leveraged-1.50 Administrator, Advisor and Custodian AdministratorTidal ETF Services LLC AdvisorTidal Investments LLC CustodianU.S. Bank, N.A. DistributorForeside Fund Services, LLC Transfer AgentU.S. Bancorp Fund Services, LLC TrusteeN/A Lead Market MakerSusquehanna Options OptionableOptionable Options Volume1,849 Put Options972 Call Options877 Miscellaneous Outstanding Shares9,310,000BetaN/A Creation Fee$300.00 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?Get This Free Report Top 6 SMST HoldingsCash OffsetHolding Weight: 282.61%US DOLLARSHolding Weight: 97.84%First American Government Obligations FundHolding Weight: 13.80%DEPOSITS WITH BROKER FOR SHORT POSITIONSHolding Weight: -28.98%MICROSTRATEGY INC SWAP - S- CANTORHolding Weight: -31.81%MICROSTRATEGY SWAP MAR - SHolding Weight: -233.45%Full Holdings Details This page (NASDAQ:SMST) was last updated on 3/28/2025 by MarketBeat.com Staff From Our PartnersElon Warns: Exec Order 14024 Targets DollarExecutive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...Priority Gold | SponsoredNew “Trump” currency proposed in DCAccording to one of the most connected men in Washington… A surprising new bill was just introduced in Wash...Paradigm Press | SponsoredTrump Makes Major Crypto AnnouncementTrump Ends the “War on Crypto” I expect it to pump the market, which is why I'm recommending ONE coin to al...Crypto 101 Media | SponsoredA market crash is coming—here’s whenThe stock market cycle I've used to identify the most likely day of the next market crash is the exact same in...Chaikin Analytics | SponsoredYour Wealth is Under AttackPlease don't wait—this is your moment to take action. 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