Defiance Daily Target 2X Short MSTR ETF (SMST)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
33.50 USD
-10.40
(-23.690%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 33.53 +0.03 (0.092%) ⇧ (April 17, 2026, 7:55 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 11, 2026, 2:59 p.m. EDT
SMST, a leveraged ETF designed to short MicroStrategy, has shown a volatile price pattern over the past two months. The recent price dip could present a short-term buying opportunity for traders looking to capitalize on momentum or buy calls. However, the long-term outlook is weak, with a low star rating due to the ETF's nature and the lack of consistent dividends. The options data indicates a high level of speculation and potential for large price movements, which could be both an opportunity and a risk. Investors should closely monitor the ETF's performance and consider the inherent risks of leveraged products. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.171804 |
| MSTL | 0.229343 |
| AutoETS | 0.229523 |
| AutoARIMA | 0.229630 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 56% |
| H-stat | 0.47 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.23 |
As of April 11, 2026, 2:59 p.m. EDT: The options activity suggests a mix of bullish and bearish sentiment. The high IV (implied volatility) and significant OI (open interest) at strikes like 60.0 and 95.0 indicate potential for large price swings. The presence of major OI walls at these levels suggests that traders are anticipating significant price movements, either upwards or downwards. The recent price history shows volatility with a recent dip, which could be a buy-the-dip opportunity for short-term traders. However, the forecasting model indicates a negative direction with a -5.73% prediction, suggesting caution.
| Attribute | Value |
|---|---|
| All Time High | 473.6 |
| All Time Low | 17.59 |
| Ask | 34.04 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 323,150 |
| Average Daily Volume3 Month | 385,585 |
| Average Volume | 385,585 |
| Average Volume10Days | 323,150 |
| Beta3 Year | 0.0 |
| Bid | 33.28 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 41.0 |
| Day Low | 29.85 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 63.81458 |
| Fifty Day Average Change | -30.314579 |
| Fifty Day Average Change Percent | -0.4750416 |
| Fifty Two Week Change Percent | -24.88789 |
| Fifty Two Week High | 154.159 |
| Fifty Two Week High Change | -120.659 |
| Fifty Two Week High Change Percent | -0.7826919 |
| Fifty Two Week Low | 17.59 |
| Fifty Two Week Low Change | 15.91 |
| Fifty Two Week Low Change Percent | 0.9044912 |
| Fifty Two Week Range | 17.59 - 154.159 |
| First Trade Date Milliseconds | 1,724,247,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,724,112,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-08-21 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund advisor has adopted a policy to have at least 80% of its investment exposure to financial instruments with economic characteristics that should provide 2 times the inverse exposure to the daily performance of the underlying security. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Short MSTR ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1885249432 |
| Nav Price | 33.5743 |
| Net Assets | 42,334,364.0 |
| Net Expense Ratio | 1.31 |
| Open | 40.4267 |
| Post Market Change | 0.030899048 |
| Post Market Change Percent | 0.09223596 |
| Post Market Price | 33.5309 |
| Post Market Time | 1,776,470,103 |
| Previous Close | 43.9 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -10.4 |
| Regular Market Change Percent | -23.6902 |
| Regular Market Day High | 41.0 |
| Regular Market Day Low | 29.85 |
| Regular Market Day Range | 29.85 - 41.0 |
| Regular Market Open | 40.4267 |
| Regular Market Previous Close | 43.9 |
| Regular Market Price | 33.5 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 914,322 |
| Short Name | Defiance Daily Target 2x Short |
| Source Interval | 15 |
| Symbol | SMST |
| Total Assets | 42,334,364 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -29.19224 |
| Trailing Three Month Returns | -29.19224 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.9833 |
| Two Hundred Day Average Change | -17.4833 |
| Two Hundred Day Average Change Percent | -0.3429221 |
| Type Disp | ETF |
| Volume | 914,322 |
| Yield | 0.0 |
| Ytd Return | -29.19224 |