GraniteShares -3x Palantir ETP logo

GraniteShares -3x Palantir ETP (3SPA)

Market Closed
15 Jul, 15:30
XMIL XMIL
2. 25
-0.08
-3.4394%
- Market Cap
- Div Yield
1,793 Volume
2.33
Previous Close
Add Transaction
Day Range
2.17 2.3
Year Range
1.55 7.5
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Summary

3SPA closed Wednesday lower at €2.25, a decrease of -3.4394% from Tuesday's close, completing a monthly decrease of -36.4999% or -€1.29. Over the past 12 months, 3SPA stock gained 1.3538%.
3SPA 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).

3SPA Chart

GraniteShares -3x Palantir ETP (3SPA) FAQ

What is the stock price today?

The current price is €2.25.

On which exchange is it traded?

GraniteShares -3x Palantir ETP is listed on XMIL.

What is its stock symbol?

The ticker symbol is 3SPA.

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 Palantir ETP ever had a stock split?

No, there has never been a stock split.

GraniteShares -3x Palantir ETP Profile

XMIL Exchange
United Kingdom Country

Overview

GraniteShares -3x Palantir ETP represents a specialized financial instrument tailor-made for sophisticated investors aiming to exploit short-term market movements against Palantir Technologies Inc.'s stock. This exchange-traded product (ETP) is engineered to generate three times the inverse of the daily performance of Palantir’s stock, making it a potent tool for those predicting a decline in the company's share value. The very nature of this ETP, incorporating advanced financial strategies and the use of derivatives, necessitates a proactive approach to risk management and market analysis. Investors are drawn to the GraniteShares -3x Palantir ETP for its potential to enhance returns during downturns in Palantir’s stock, a key player in the tech sector known for its data analysis and artificial intelligence solutions. However, due to its leverage and complexity, this product is primarily suited for market participants with extensive experience and a high tolerance for risk.

Products and Services

The GraniteShares -3x Palantir ETP offers a distinctive set of characteristics tailored to experienced investors seeking to navigate and profit from the volatility of the tech market. Below is a detailed exploration of the product:

  • Leveraged Inverse Performance:

    This product is designed to deliver three times the inverse daily performance of Palantir Technologies Inc.'s stock. It provides an aggressive strategy for investors betting on a decline in the stock's price, allowing for potentially heightened returns compared to direct short-selling or using traditional inverse funds.

  • Sophisticated Financial Strategy:

    Utilizing derivatives and other financial instruments, the ETP aims to achieve its inverse leverage objectives. This approach demands constant vigilance and an active risk management plan to safeguard against the volatility inherent in leveraged and inverse investments. The complex nature of this product makes it suitable for sophisticated investors familiar with the risks and mechanics of leveraged ETPs.

  • Market Positioning and Diversification:

    Targeting the volatile sphere of big data analytics and artificial intelligence, where Palantir operates, the GraniteShares -3x Palantir ETP serves as a strategic tool for investors looking to hedge or capitalize on declines within the technology sector. It enables a means of diversification and risk management within an investment portfolio, offering an advanced solution for engaging with market trends and movements specifically within the technology domain.

Contact Information

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