NASDAQ:SMST Defiance Daily Target 1.5X Short MSTR ETF (SMST) Price, Holdings, & News $32.21 0.00 (0.00%) As of 08/21/2026 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsOwnership About Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get SMST alerts:Sign Up Key Stats Today's Range$30.55▼$34.4350-Day Range$32.21▼$94.8852-Week Range$21.68▼$154.16Volume1.05 million shsAverage Volume391,064 shsMarket Capitalization$16.43 millionAssets Under ManagementN/ADividend YieldN/ANet Expense Ratio1.31%Aggregate RatingN/A ETF Overview The 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 Defiance Daily Target 1.5X Short MSTR ETF ExpensesTypeSMSTSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFsManagement Fee1.29%0.97%0.57%0.54%0.53%Other Expenses0.02%0.28%0.53%0.39%0.54%Total Expense1.31%1.18%0.75%0.69%0.73%Fee Waiver0.00%-0.43%-0.67%-0.41%-0.68%Net Expense1.31%1.06%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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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SMST ETF News HeadlinesTidal Trust II - Defiance Daily Target 2x Long MSTR ETFApril 13, 2026 | money.usnews.comDefiance Daily Target 1.5X Short MSTR ETF - Investing.com UKJune 26, 2025 | uk.investing.comA $382 trillion migration and the position no one is talking aboutTrump just signed a law requiring America's entire $382 trillion financial system to migrate to a new money network by April 2027. BlackRock CEO Larry Fink already calls it 'the next major evolution in market infrastructure.' Our research has identified one small, overlooked position at the center of this policy-driven shift - already drawing quiet institutional buying from BNY Mellon, State Street, and JPMorgan. It currently trades for pennies relative to where institutional demand could push it. The Q3 2026 compliance deadline may be the last window before prices move.August 24 at 1:00 AM | Awesomely (Ad)Defiance Daily Target 1.5X Short MSTR ETF - Investing.comJune 24, 2025 | investing.comDefiance Daily Target 2x Short MSTR ETF (SMST) After-HoursApril 6, 2025 | nasdaq.comSOXS, 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 $92.80 on January 1st, 2026. Since then, SMST shares have decreased by 65.3% and is now trading at $32.21. 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 on Friday, May 23rd 2025.The 1-20 reverse split was announced on Monday, May 19th 2025. The number of shares owned by shareholders was adjusted after the market closes on Thursday, May 22nd 2025. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. When did Defiance Daily Target 1.5X Short MSTR ETF IPO? Defiance Daily Target 1.5X Short MSTR ETF (SMST) raised $864 million in an initial public offering (IPO) on Wednesday, April 2nd 2025. The company issued 27,000,000 shares at a price of $28.00-$36.00 per share. Citigroup, Wells Fargo Securities, KeyBanc Capital Markets and BMO Capital Markets acted as the underwriters for the IPO. 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 Previous SymbolNYSEARCA:SMST WebN/A PhoneN/AFund Focus Asset ClassEquity BenchmarkN/A CategoryStrategy FocusSingle Stock Development LevelDeveloped Markets RegionNorth America Number of Holdings25 Fund Statistics Assets Under Management$0.00 Average Daily Volume$0.00 Discount/Premium0.00% 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 Volume366 Put Options306 Call Options60 Short Interest112,400 shs Miscellaneous Outstanding Shares510,000Beta-3.53 Creation Fee$300.00 10 Best Stocks to Own - Summer 2026Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment. Get This Free Report Top 10 SMST HoldingsCash OffsetHolding Weight: 213.95%US DOLLARSHolding Weight: 53.28%OTHER ASSETS AND LIABILITIESHolding Weight: 16.12%United States Treasury Bills 0%Holding Weight: 6.59%First American Government Obligations Fund Class XHolding Weight: 2.44%STRATEGY INC SWAP BMO-SHolding Weight: -25.77%STRATEGY INC SWAP JNST-SHolding Weight: -37.02%STRATEGY INC SWAP MAREX-SHolding Weight: -39.87%STRATEGY INC CS-SHolding Weight: -44.40%MICROSTRATEGY INC SWAP - S- CANTORHolding Weight: -45.32%Full Holdings Details This page (NASDAQ:SMST) was last updated on 8/24/2026 by MarketBeat.com Staff. From Our PartnersA Simple Guide to Options Trading While It's Still FreeA free copy of Options Trading Made Simple is available now but wont stay that way for long. 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