Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF(NASDAQ) SMST

Current Price$54.87

Market CapN/A

Since IPO (2024)-97%

5 YearN/A

1 Year+187%

1 Month+8%

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF last closing stock price
Metric	Price	Date
Last close	USD 58.10	2026-07-20

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF stock price return by period
Period	Price return	Price at period start	Period start date
1 week	-13.09%	USD 66.85	2026-07-13
1 month	+7.69%	USD 53.95	2026-06-18
3 month	+69.39%	USD 34.30	2026-04-21
Year to date	-37.39%	USD 92.80	2025-12-31
1 year	+186.92%	USD 20.25	2025-07-18
Since inception	-96.83%	USD 1,832.06	2024-08-21

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF Financials at a Glance

Market Cap

N/A

Revenue (TTM)

$294.00M

Net Income (TTM)

$9.23M

EPS (TTM)

$0.00

P/E Ratio

0.00

Dividend

$0.00

Beta (Volatility)

-5.92 (Low)

Dividend

$0.00

Beta (Volatility)

-5.92 (Low)

Price

$54.87

Volume

274,690.481

Open

$53.62

Price

$54.87

Volume

274,690.481

Open

$53.62

Previous Close

$58.10

Daily Range

$50.03 - $55.41

52-Week Range

$19.27 - $154.16

Estimated Earnings Date

May 9, 2024

Dividend

$0.00

Beta (Volatility)

-5.92 (Low)

Price

$54.87

Volume

274,690.481

Open

$53.62

Previous Close

$58.10

Daily Range

$50.03 - $55.41

52-Week Range

$19.27 - $154.16

Estimated Earnings Date

May 9, 2024

SMST News

No articles available.

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About Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF

Defiance Daily Target 2x Short MSTR ETF is an innovative financial product designed to provide investors with leveraged exposure to MicroStrategy Incorporated's share price. This ETF employs swap agreements to make bearish bets, aiming for a daily leveraged exposure of -200% of its net assets.

Products and Services

Daily leveraged exposure to MicroStrategy's stock
Utilizes swap agreements for bearish investment strategies
Targets short-term tactical trading opportunities

Growth Outlook

Recent quarterly revenue reached $78.31 million, indicating strong market interest
Operating income margin improved to 20.72% in the latest quarter
Net income of $9.58 million reflects effective cost management strategies

Financial Highlights

Trailing twelve months (TTM) P/E ratio stands at 387.34, indicating high market expectations
Operating income margin for the latest quarter was 20.72%
Net income of $9.58 million in the most recent quarter shows profitability

The Defiance Daily Target 2x Short MSTR ETF is positioned as a tactical tool for investors looking to capitalize on short-term movements in MicroStrategy's stock price. The fund's strategy is inherently high-risk, as it does not include defensive positions and may lead to losses even if MicroStrategy's performance improves. The recent financial performance highlights a robust revenue stream and effective cost management, making it an intriguing option for those interested in leveraged investment strategies. The ETF's focus on daily rebalancing allows for quick adjustments to market conditions, appealing to active traders.

AI Generated • Jul 21, 2026

Industry

Capital Markets

Sector

Financials

Headquarters

Milwaukee, NY 53204, US

SMST Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

19.76%

Net Income Margin

3.14%

Return on Equity

0.77%

Return on Capital

5.01%

Return on Assets

0.38%

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

4.05%

Stock Overview

Market Cap

N/A

Shares Outstanding

Volume

274.69K

Avg. Volume

419.82K

Financials (TTM)

Gross Profit

$0.00

Operating Income

$58.08M

EBITDA

$71.98M

Operating Cash Flow

$98.66M

Capital Expenditure

$0.00

Free Cash Flow

$98.66M

Cash & ST Invst.

$38.21M

Total Debt

$0.00

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF Performance Analysis

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarter	Period end	QoQ growth
Q2	2025-06-30	2.1%
Q3	2025-09-30	5.4%
Q4	2025-12-31	11.4%
Q1	2026-03-31	-0.2%

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarter	Period end	QoQ growth
Q2	2025-06-30	54.3%
Q3	2025-09-30	156.3%
Q4	2025-12-31	-44.4%
Q1	2026-03-31	240.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Currently no data to display.

Quarterly Performance

Name

Q1 2026YOY CHG

Revenue

$78.31M

+19.7%

Gross Profit

$0.00

-100.0%

Gross Margin

0.00%

N/A

Market Cap

N/A

Market Cap/Employee

N/A

Employees

780

N/A

Net Income

$9.58M

+213.9%

EBITDA

$20.03M

+20.0%

Quarterly Fundamentals

Name

Q1 2026YOY CHG

Total Cash

$38.21M

+8.6%

Total Debt

$0.00

N/A

Accounts Receivable

$0.00

N/A

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$0.00

N/A

Return on Assets

0.38%

N/A

Return on Invested Capital

2.40%

N/A

Free Cash Flow

$24.24M

+129.7%

Operating Cash Flow

$24.24M

+129.7%

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Questions About SMST

What is the current price of Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF?

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF is trading at $55.18 per share.

What is the 52-week range for Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF?

Over the past 52 weeks, Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF has traded between $19.27 and $154.16.

How much debt does Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF have?

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF total debt is unavailable.

How much cash does Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF have on hand?

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF does not have cash on hand data available.

What is Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF’s dividend yield?

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF does not currently have a dividend yield.

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF(NASDAQ) SMST

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF Financials at a Glance

SMST News

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About Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF

SMST Financials

Key Financial Metrics (TTM)

Stock Overview

Financials (TTM)

Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF Performance Analysis

Revenue Growth Rate

Earnings Per Share Growth Rate

Quarterly Performance

Quarterly Fundamentals

Other Investments to Explore

People Also Watch

Trending Stocks

Questions About SMST

What is the current price of Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF?

What is the 52-week range for Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF?

How much debt does Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF have?

How much cash does Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF have on hand?

What is Tidal Trust II - Defiance Daily Target 2x Short Mstr ETF’s dividend yield?

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