GraniteShares 3x Long Vodafone ETP logo

GraniteShares 3x Long Vodafone ETP (3LVO)

Market Closed
14 Aug, 15:30
LSE LSE
8,405. 00
GBX
+161
+1.9529%
GBX
- Market Cap
- Div Yield
364 Volume
8,244 GBX
Previous Close
Add Transaction
Day Range
8,405 8,468
Year Range
3,534 9,956
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Summary

3LVO closed yesterday higher at 8,405 GBX, an increase of 1.9529% from Thursday's close, completing a monthly increase of 65.9755% or 3,341 GBX. Over the past 12 months, 3LVO stock gained 40.7781%.
3LVO is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

3LVO Chart

GraniteShares 3x Long Vodafone ETP (3LVO) FAQ

What is the stock price today?

The current price is 8,405.00 GBX.

On which exchange is it traded?

GraniteShares 3x Long Vodafone ETP is listed on LSE.

What is its stock symbol?

The ticker symbol is 3LVO.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has GraniteShares 3x Long Vodafone ETP ever had a stock split?

No, there has never been a stock split.

GraniteShares 3x Long Vodafone ETP Profile

LSE Exchange
United Kingdom Country

Overview

The GraniteShares 3x Long Vodafone ETP provides an innovative approach to investing by offering leveraged exposure to the equity performance of Vodafone Group. This exchange-traded product is crafted for investors seeking to magnify their potential gains through enhanced returns from Vodafone's stock movements. By aiming to deliver three times the daily performance of Vodafone shares, it targets sophisticated investors interested in taking advantage of short-term price shifts within the telecommunications sector. The product's reliance on derivatives for strategy execution and its availability on major electronic exchanges underscore its uniqueness and practicality, offering liquidity and accessibility while highlighting the risks and rewards associated with leverage.

Products and Services

  • Leveraged Exposure to Vodafone Group

    This product provides leveraged exposure to the stock performance of Vodafone Group, aiming to multiply the daily returns by three. It's designed for investors who are eager to amplify their gains based on the company's performance in the telecommunications sector. The use of leverage, however, introduces higher risk, including the potential for magnified losses.

  • Enhanced Returns

    By targeting three times the daily performance of Vodafone shares, the GraniteShares 3x Long Vodafone ETP seeks to offer enhanced returns to its investors. This feature makes it an attractive choice for those who are looking to capitalize on short-term market movements in Vodafone's stock, while bearing in mind the increased volatility and risk associated with leveraged investments.

  • Daily Performance Aim

    The key objective of this ETP is to provide three times the daily performance of Vodafone shares. It caters to active traders and sophisticated investors focusing on short-term market trends. This aspect underlines the product's suitability for a specific investor base that is confident in their market outlook and investment strategy regarding the telecommunications industry.

  • Derivative-Based Strategy

    The GraniteShares 3x Long Vodafone ETP employs a derivative-based strategy to achieve its goals. Derivatives are financial instruments whose value is derived from the performance of an underlying asset—in this case, Vodafone shares. This approach allows the ETP to seek its leveraged performance target, highlighting the complex mechanisms behind its operational structure.

  • Major Electronic Exchange Trading

    Availability on major electronic exchanges ensures that the ETP can be accessed by a broad base of investors, providing liquidity and ease of trade. This aspect is crucial for managing investment efficiently and allows for quick adjustments in investment positions in response to market movements, enhancing the product’s appeal to active and sophisticated investors.

Contact Information

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