Defiance Leveraged Long + Income MSTR ETF (MST)Trading--Miscellaneous | Exchange Traded Fund | NasdaqGM
7.72 USD
-0.34
(-4.273%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 7.57 -0.15 (-0.146%) ⇩ (July 13, 2026, 7:40 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 3:39 a.m. EDT
This instrument is a high-risk leveraged vehicle masquerading as an income generator, currently trapped in a severe downtrend. The price has collapsed from a peak of $611.80 to roughly $8.00, representing a catastrophic loss of over 98% of its value. While the recent weekly distributions create an illusion of a 1600%+ yield, this is a mathematical artifact of the tiny share price, not sustainable cash flow; the payout ratio is effectively infinite and unsustainable. The underlying business quality is irrelevant here because the structure is designed for leverage, which has been fully realized against the holder. The options chain confirms this danger: traders are buying deep out-of-the-money puts to catch a crash, while the statistical forecast model shows zero reliability due to the extreme noise of such a leveraged, distressed asset. Avoid this security entirely; it is a value trap where the 'yield' is just the final payment before total erasure. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.446092 |
| AutoETS | 0.532057 |
| MSTL | 0.543096 |
| AutoTheta | 0.559718 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 19.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.153 |
| Excess Kurtosis | -0.92 |
As of July 11, 2026, 3:39 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. In the near term (July/August), there is heavy open interest in deep out-of-the-money puts (strikes 4.0 and 6.0), suggesting a fear of a sharp drop to historic lows. Conversely, calls show significant interest in strikes far above the current price (13.0, 15.0, 45.0), indicating a speculative bet on a massive leveraged rally. This 'long gamma' setup implies the market expects a violent swing in either direction, with implied volatility pricing in a 100%+ move potential.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.94% | 80.18% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-08 | 0.075 | 0.944584 |
| 2026-07-01 | 0.066 | 0.822635 |
| 2026-06-24 | 0.107 | 1.231159 |
| 2026-06-17 | 0.132 | 0.981413 |
| 2026-06-10 | 0.148 | 1.097923 |
| 2026-06-03 | 0.157 | 0.949214 |
| 2026-05-27 | 0.219 | 0.888330 |
| 2026-05-20 | 0.241 | 0.846803 |
| 2026-05-13 | 0.321 | 0.977169 |
| 2026-05-06 | 0.296 | 0.813768 |
| 2026-04-29 | 0.275 | 0.987539 |
| 2026-04-22 | 0.229 | 0.646893 |
| 2026-04-15 | 0.178 | 0.721466 |
| 2026-04-08 | 0.190 | 0.910180 |
| 2026-04-01 | 0.194 | 0.976297 |
| 2026-03-25 | 0.335 | 1.352989 |
| 2026-03-11 | 0.448 | 1.777778 |
| 2026-03-04 | 0.525 | 1.842752 |
| 2026-02-25 | 0.392 | 1.530055 |
| 2026-02-18 | 0.504 | 2.211982 |
| 2026-02-11 | 0.490 | 2.102102 |
| 2026-02-04 | 0.483 | 1.835106 |
| 2026-01-28 | 0.581 | 1.431035 |
| 2026-01-21 | 0.686 | 1.580645 |
| 2026-01-14 | 0.658 | 1.256684 |
| 2026-01-07 | 0.798 | 1.781250 |
| 2025-12-31 | 0.791 | 1.931624 |
| 2025-12-24 | 0.651 | 1.452898 |
| 2025-12-17 | 0.644 | 1.393939 |
| 2025-12-10 | 1.540 | 2.564103 |
| 2025-12-03 | 4.116 | 6.547884 |
| 2025-11-26 | 1.064 | 1.767442 |
| 2025-11-19 | 1.596 | 2.336066 |
| 2025-11-12 | 1.932 | 1.864865 |
| 2025-11-05 | 3.220 | 2.332657 |
| 2025-10-29 | 2.940 | 1.782683 |
| 2025-10-22 | 3.080 | 1.785714 |
| 2025-10-15 | 3.388 | 1.741007 |
| 2025-10-08 | 4.760 | 1.951780 |
| 2025-10-01 | 4.144 | 1.593111 |
| 2025-09-24 | 4.648 | 1.808279 |
| 2025-09-17 | 4.116 | 1.475904 |
| 2025-09-10 | 4.116 | 1.493902 |
| 2025-09-03 | 4.396 | 1.548323 |
| 2025-08-27 | 5.180 | 1.680291 |
| 2025-08-20 | 5.180 | 1.635721 |
| 2025-08-13 | 6.104 | 1.484003 |
| 2025-08-06 | 5.264 | 1.292985 |
| 2025-07-30 | 5.964 | 1.331250 |
| 2025-07-23 | 6.160 | 1.249290 |
| 2025-07-16 | 9.828 | 1.637891 |
| 2025-07-09 | 7.616 | 1.442206 |
| 2025-07-02 | 8.008 | 1.556886 |
| 2025-06-25 | 5.824 | 1.154914 |
| 2025-06-18 | 7.616 | 1.619048 |
| 2025-06-11 | 8.008 | 1.550976 |
| 2025-06-04 | 7.448 | 1.472868 |
| 2025-05-28 | 7.420 | 1.548802 |
| 2025-05-21 | 9.380 | 1.589938 |
| Attribute | Value |
|---|---|
| All Time High | 678.44 |
| All Time Low | 6.53 |
| Ask | 9.53 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 128,470 |
| Average Daily Volume3 Month | 96,273 |
| Average Volume | 96,273 |
| Average Volume10Days | 128,470 |
| Beta3 Year | 0.0 |
| Bid | 5.61 |
| Bid Size | 2 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.91 |
| Day Low | 7.445 |
| Dividend Yield | 1,653.24 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.61172 |
| Fifty Day Average Change | -12.896119 |
| Fifty Day Average Change Percent | -0.62566924 |
| Fifty Two Week Change Percent | -98.65364 |
| Fifty Two Week High | 611.8 |
| Fifty Two Week High Change | -604.0844 |
| Fifty Two Week High Change Percent | -0.98738873 |
| Fifty Two Week Low | 6.53 |
| Fifty Two Week Low Change | 1.1855998 |
| Fifty Two Week Low Change Percent | 0.18156199 |
| Fifty Two Week Range | 6.53 - 611.8 |
| First Trade Date Milliseconds | 1,746,192,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,746,057,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-05-02 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by entering into derivatives transactions (i.e., swap agreements and options contracts) to gain long exposure to MicroStrategy Incorporated (“MSTR,” or the “Underlying Security”). The fund is non-diversified. |
| Long Name | Defiance Leveraged Long + Income MSTR ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1916111687 |
| Nav Price | 7.9649 |
| Net Assets | 11,671,443.0 |
| Net Expense Ratio | 1.31 |
| Open | 7.65 |
| Post Market Change | -0.14559984 |
| Post Market Change Percent | -1.8870839 |
| Post Market Price | 7.57 |
| Post Market Time | 1,783,986,006 |
| Previous Close | 8.06 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.3444004 |
| Regular Market Change Percent | -4.2729573 |
| Regular Market Day High | 7.91 |
| Regular Market Day Low | 7.445 |
| Regular Market Day Range | 7.445 - 7.91 |
| Regular Market Open | 7.65 |
| Regular Market Previous Close | 8.06 |
| Regular Market Price | 7.7156 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 85,862 |
| Short Name | Defiance Leveraged Long + Incom |
| Source Interval | 15 |
| Symbol | MST |
| Total Assets | 11,671,443 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -60.4506 |
| Trailing Three Month Returns | -60.4506 |
| Triggerable | 1 |
| Two Hundred Day Average | 63.025574 |
| Two Hundred Day Average Change | -55.309975 |
| Two Hundred Day Average Change Percent | -0.87757987 |
| Type Disp | ETF |
| Volume | 85,862 |
| Yield | 16.5324 |
| Ytd Return | -76.16862 |