Defiance Daily Target 2X Long MSTR ETF (MSTX) has experienced a significant week-over-week outflow of approximately $114.8 million, marking a 7.6% decrease in shares outstanding, from 30.7 million to 28.375 million. This change was noted as of the most recent reporting period.
The current share price of MSTX stands at $48.92, having fluctuated within a 52-week range of $15.18 to $220.99.
ETFs, including MSTX, trade like stocks, but are composed of units that can be created or destroyed based on investor demand. This dynamic can significantly impact the underlying holdings of the ETF.