GraniteShares 1.25 Long TSLA Daily ETF (TSL) NASDAQ

13.77

-0.245(-1.75%)

Updated at September 08 03:12PM

Currency In USD

GraniteShares 1.25 Long TSLA Daily ETF

Address

United States of America

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

August 09, 2022

Key Executives

N/A

Description

The fund is an actively managed etf that attempts to replicate 1.25 times (125%) the daily percentage change of the underlying stock by entering into a swap agreement on the underlying stock. The adviser will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the adviser and the financial institution will agree to exchange the return earned or realized on the underling stock. It is non-diversified.