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Defiance Today
By the People, for the People
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
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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.
What’s next
The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.
The takeaway
This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.
