Defiance Daily Target 2X Short BitMine Immersion Technologies ETF logo

Defiance Daily Target 2X Short BitMine Immersion Technologies ETF (BMNZ)

Market Closed
24 Aug, 20:00
ARCA ARCA
$
6. 61
-0.9
-11.984%
$
- Market Cap
- Div Yield
3.78M Volume
$ 7.51
Previous Close
Add Transaction
Day Range
6.09 7.2
Year Range
6.09 47.99
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Summary

BMNZ closed today lower at $6.61, a decrease of -11.984% from yesterday's close, completing a monthly decrease of -55.1256% or -$8.12. Over the past 12 months, BMNZ stock lost -70.4449%.
BMNZ is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

BMNZ Chart

Defiance Daily Target 2X Short BitMine Immersion Technologies ETF (BMNZ) FAQ

What is the stock price today?

The current price is $6.61.

On which exchange is it traded?

Defiance Daily Target 2X Short BitMine Immersion Technologies ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is BMNZ.

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 Defiance Daily Target 2X Short BitMine Immersion Technologies ETF ever had a stock split?

No, there has never been a stock split.

Defiance Daily Target 2X Short BitMine Immersion Technologies ETF Profile

ARCA Exchange
United States Country

Overview

The Defiance Daily Target 2X Short BitMine Immersion Technologies ETF is a specialized financial instrument aimed at providing leveraged inverse exposure to the daily performance of BitMine Immersion Technologies, a key player in the cryptocurrency and digital asset arena. Designed for investors who wish to capitalize on potential declines in the value of BitMine’s stock, this ETF targets daily returns that are twice the inverse of the stock’s performance, offering a -200% correlation to the daily percentage changes in BitMine Immersion Technologies’ share price. This makes it an appealing option for those wanting to take a bearish stance without resorting to margin trading or traditional short selling techniques. The product is actively managed, utilizing various financial derivatives to maintain its targeted performance levels, making it particularly suitable for institutional investors and professional traders with a higher risk tolerance, who seek to engage efficiently in bearish positioning on a particular cryptocurrency-oriented stock. Furthermore, the ETF is a reflection of the evolving landscape of investment vehicles, catering to the increasing demand for precise, tactical exposure to identified themes within the dynamic digital asset market.

Products and Services

  • Leveraged Inverse ETF

    This product is engineered to deliver -200% of the daily performance of BitMine Immersion Technologies. It allows investors to profit from anticipated declines in the underlying stock price while limiting the need for margin accounts or traditional short selling methods.

  • Active Management

    The ETF employs an actively managed strategy that utilizes various financial derivatives aimed at consistently achieving its targeted inverse returns, allowing for responsiveness to market fluctuations and improving investment precision.

  • Institutional Investment Focus

    Intended primarily for institutional investors and professional traders, this ETF caters to a high-risk tolerance profile, allowing sophisticated participants to take bearish positions efficiently and effectively.

  • Daily Investment Results

    Investors can expect daily results that aim to equate to -200% of the percentage change in the price of BitMine Immersion Technologies, providing short-term tactical exposure to declines in the stock's value.

  • Specialized Market Positioning

    This ETF stands out in the evolving segment of specialized single-stock leveraged ETFs, meeting the growing demand for targeted investment solutions in the rapidly expanding field of cryptocurrency and digital assets.

Contact Information

Address: 234 West Florida Street
Phone: 855-843-2534