GraniteShares 3x Short Microsoft ETP logo

GraniteShares 3x Short Microsoft ETP (3SMP)

Market Closed
14 Aug, 15:30
LSE LSE
360. 00
GBX
-11.75
-3.1607%
GBX
- Market Cap
- Div Yield
38 Volume
371.75 GBX
Previous Close
Add Transaction
Day Range
360 369
Year Range
6.02 1,526
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Summary

3SMP closed yesterday lower at 360 GBX, a decrease of -3.1607% from Thursday's close, completing a monthly decrease of -19.7324% or -88.5 GBX. Over the past 12 months, 3SMP stock lost -52.1277%.
3SMP is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 3 different exchanges and in various currencies, with the primary listing on LSE (USD).

3SMP Chart

GraniteShares 3x Short Microsoft ETP (3SMP) FAQ

What is the stock price today?

The current price is 360.00 GBX.

On which exchange is it traded?

GraniteShares 3x Short Microsoft ETP is listed on LSE.

What is its stock symbol?

The ticker symbol is 3SMP.

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 Short Microsoft ETP ever had a stock split?

No, there has never been a stock split.

GraniteShares 3x Short Microsoft ETP Profile

LSE Exchange
United Kingdom Country

Overview

GraniteShares 3x Short Microsoft ETP is a specialized leveraged financial instrument designed to provide investors with the opportunity to gain inversely from the performance of Microsoft Corporation's stock. It targets those sophisticated investors who are looking to capitalize on a decline in the share price of one of the world's foremost technology companies. With a strategy to deliver triple the daily inverse performance of Microsoft's stock, this Exchange-Traded Product (ETP) accentuates the daily movements of its underlying asset, thus, catering primarily to investors interested in short-term strategic trading within the technology sector. The ETP is a hallmark of innovation in financial markets, offering a mechanism for investors to hedge long positions or to speculate on the downward movements of Microsoft's shares without the necessity of engaging in direct short-selling. Given its leveraged nature and the mechanism of daily reset, it is primed for tactical trading, requiring an investor with a robust understanding of advanced trading strategies and a high tolerance for risk. This financial tool emphasizes the complex dynamics of market fluctuations and enhances liquidity and strategy diversification in the Exchange-Traded Product market.

Products and Services

  • Leveraged Financial Instrument
  • This product is tailored for those seeking to gain inverse exposure to Microsoft's stock performance, designed to amplify the daily movements of the underlying asset. It delivers thrice the inverse daily performance of Microsoft Corporation’s stock, making it a powerful instrument for investors keen on exploiting short-term market movements.

  • Inverse Exposure Mechanism
  • GraniteShares 3x Short Microsoft ETP grants sophisticated investors the ability to speculate on the decline of Microsoft's share price. This mechanism is beneficial for investors looking to hedge their positions by gaining inverse exposure to the stock, therefore, providing a counterbalance to long positions in their portfolio.

  • Daily Reset Feature
  • A pivotal characteristic of this ETP is its daily reset feature, which recalibrates the leverage at the end of each trading day. This feature is essential for maintaining the intended level of exposure but also necessitates that investors monitor their positions closely, as the impact of compounding can significantly affect performance over periods longer than a day.

  • Tactical Trading Tool within the Technology Sector
  • Specifically designed for tactical traders with a sophisticated understanding of market dynamics and a high-risk appetite, this ETP operates as a strategic tool within the technology sector. It allows traders to implement short- term strategies, capitalizing on the volatility of one of the most prominent companies in the tech industry.

Contact Information

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