Outflows in JPST and SMST ETFs, Microstrategy stock down 5.8%

From Nasdaq Corporation
April 10, 2025 10:47 am:

In the universe of ETFs, JPMorgan Ultra-Short Income ETF (JPST) saw a 4.4% decrease in units outstanding, with 27,400,000 units destroyed compared to the previous week. The Defiance Daily Target 1.5X Short MSTR ETF (SMST) experienced the largest percentage outflow, losing 5,475,000 units, a 39.3% decline from the week prior. Microstrategy (MSTR) was down 5.8% in morning trading.

Read more at Nasdaq: JPST, SMST: Big ETF Outflows