Defiance Daily Target 1.75X Long MSTR ETF Shares Scheduled for Reverse Split

The 1-10 reverse split will take effect on March 18th, adjusting the number of shares owned by shareholders.

Published on Mar. 6, 2026

Shares of the Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) are set to undergo a 1-10 reverse split before the market opens on Wednesday, March 18th. The reverse split will adjust the number of shares owned by shareholders after the market closes on Tuesday, March 17th.

Why it matters

Reverse stock splits are a common corporate action taken by companies or funds to increase their share price, often in response to a prolonged decline. This move by the Defiance Daily Target 1.75X Long MSTR ETF aims to boost its share price and potentially improve its trading liquidity and visibility.

The details

The Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) is an exchange-traded fund that provides leveraged exposure to the daily share price movement of MicroStrategy Incorporated (NYSE:MSTR). The fund was launched in August 2024 and is issued by Defiance.

  • The reverse split will take effect before the market opens on Wednesday, March 18th, 2026.
  • The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, March 17th, 2026.

The players

Defiance Daily Target 1.75X Long MSTR ETF

An exchange-traded fund that provides leveraged exposure to the daily share price movement of MicroStrategy Incorporated.

MicroStrategy Incorporated

A business intelligence software company whose stock the Defiance Daily Target 1.75X Long MSTR ETF tracks.

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