Mar. 11 at 11:13 PM
$MSTX The Defiance Daily Target 1.75X Long MSTR ETF (MSTX) is undergoing a 1-for-10 reverse split, effective before the market opens on Wednesday, March 18, 2026. Shareholders of record after the market closes on Tuesday, March 17, 2026, will see their shares adjusted. This action aims to increase the share price and improve liquidity.
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Ratio: 1-for-10 (10 shares merge into 1).
Effective Date: March 18, 2026.
Purpose: To increase the per-share price, often to comply with exchange listing requirements.
Impact: Share price and net asset value (NAV) will be ten times higher, but the total investment value remains unchanged at the time of the split.
Fractional Shares: Shareholders may receive cash for fractional shares.
Why is MSTX doing a reverse stock split?