SavvyShort Geared Crude Oil ETF logo

SavvyShort Geared Crude Oil ETF (CLDN)

Market Closed
13 Aug, 20:00
TSX TSX
CA$
2. 34
+0.08
+3.5398%
CA$
- Market Cap
- Div Yield
99,838 Volume
CA$ 2.26
Previous Close
Add Transaction
Day Range
2.26 2.4
Year Range
1.94 18.86
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Summary

CLDN closed yesterday higher at CA$2.34, an increase of 3.5398% from Wednesday's close, completing a monthly decrease of -14.5985% or -CA$0.4. Over the past 12 months, CLDN stock lost -86.2917%.
CLDN is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

CLDN Chart

SavvyShort Geared Crude Oil ETF (CLDN) FAQ

What is the stock price today?

The current price is CA$2.34.

On which exchange is it traded?

SavvyShort Geared Crude Oil ETF is listed on TSX.

What is its stock symbol?

The ticker symbol is CLDN.

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 SavvyShort Geared Crude Oil ETF ever had a stock split?

No, there has never been a stock split.

SavvyShort Geared Crude Oil ETF Profile

TSX Exchange
Canada Country

Overview

The SavvyShort Geared Crude Oil Fund is an exchange-traded fund (ETF) designed for investors seeking to profit from or hedge against declines in the crude oil market. It offers leveraged bearish exposure, making it an attractive instrument for speculative strategies or for those looking to balance portfolios affected by oil price fluctuations. Utilizing financial derivatives, the fund aims to enhance returns inversely proportional to the performance of the oil sector. It targets sectors like transportation, manufacturing, and energy, which are highly sensitive to changes in oil prices. While the fund provides significant opportunities for returns through sophisticated trading strategies, it comes with an increased level of risk due to its leverage component, making it more suitable for seasoned market players.

Products and Services

  • Leveraged Bearish Exposure to Crude Oil

    This service is the core offering of the SavvyShort Geared Crude Oil Fund, providing investors with the opportunity to gain from declines in crude oil prices. It uses leveraged investments, aiming to multiply the inverse of the daily performance of the oil market, hence benefiting from downward trends in oil prices. This product is particularly valuable for those looking to hedge against risks or speculate in the oil sector.

  • Hedging Strategies for Oil-Price Sensitive Sectors

    For businesses and investors in sectors like transportation, manufacturing, and any industry heavily influenced by oil prices, the fund offers tailored hedging strategies. These services are designed to protect against the negative impact of rising oil prices, providing a financial cushion that leverages the inverse relationship between the fund’s performance and the oil market. This allows stakeholders in oil-sensitive industries to manage risk more effectively and safeguard their investments against market volatility.

  • Tactical Asset Allocation and Short-Term Market Maneuvers

    Through the strategic use of financial derivatives and leveraging techniques, the SavvyShort Geared Crude Oil Fund enables sophisticated asset allocation and short-term market positioning. This service is ideal for investors looking to quickly adapt their portfolios in response to changing market conditions, especially in the volatile oil markets. By focusing on the inverse performance of the oil sector, the fund offers a unique angle for tactical market plays, offering the possibility for enhanced returns while managing overall portfolio risk.

Contact Information

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