Leverage Shares 2X Long ORLY Daily ETF logo

Leverage Shares 2X Long ORLY Daily ETF (ORLG)

Market Closed
28 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
12. 33
0
0%
After Hours
$
12. 92
+0.59 +4.7851%
396.74K Market Cap
- Div Yield
36 Volume
$ 12.33
Previous Close
Add Transaction
Day Range
12.27 12.39
Year Range
10.2 17.07
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Summary

ORLG closed Tuesday higher at $12.33, an increase of 0% from Monday's close, completing a monthly decrease of -4.7141% or -$0.61. Over the past 12 months, ORLG stock lost -17.3592%.
ORLG is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

ORLG Chart

Leverage Shares 2X Long ORLY Daily ETF (ORLG) FAQ

What is the stock price today?

The current price is $12.33.

On which exchange is it traded?

Leverage Shares 2X Long ORLY Daily ETF is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is ORLG.

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, the market cap is 396.74K.

Has Leverage Shares 2X Long ORLY Daily ETF ever had a stock split?

No, there has never been a stock split.

Leverage Shares 2X Long ORLY Daily ETF Profile

NASDAQ (NMS) Exchange
US Country

Overview

The Leverage Shares 2x Long ORLY Daily ETF (ORLG) is an innovative financial instrument tailored for active traders who aim to amplify their short-term trading results. This Exchange-Traded Fund (ETF) offers a unique opportunity to achieve two times (200%) the daily performance of ORLY stock, which is the stock associated with O'Reilly Automotive, Inc. This leveraged approach seeks to magnify the potential returns on investment, providing traders with a dynamic tool to capitalize on short-term market movements while considering the associated risks. However, it is important to note that the ETF’s performance is subject to fees and expenses that may impact overall results, hence careful consideration and understanding are crucial before engaging with this financial product.

Products and Services

  • 2x Daily Leveraged ETF:

    The core offering of the ORLG is its 2x Daily Leveraged ETF, designed to provide investors with twice the daily performance of ORLY stock. This product is particularly appealing for those who are proficient in short-term trading strategies and are looking to benefit from rapid market movements. Its structure allows traders to gain increased exposure to market fluctuations without needing to directly purchase the underlying stock.

  • Active Trading Opportunities:

    The ORLG ETF serves as a strategic vehicle for active traders to engage in daily trading activities. By leveraging the daily performance of ORLY stock, traders can seize quick opportunities to earn profits as the market shifts within a single trading day. This suitability for active trading is bolstered by the liquidity and convenience associated with ETFs, allowing for quick entry and exit from positions.

  • Risk Management Features:

    Investors utilizing the ORLG ETF can implement various risk management strategies due to its structure. Understanding that 2x leveraged products can amplify both gains and losses, traders can use this ETF to hedge their existing positions in ORLY stock or to diversify their portfolio. The ability to operate within a framework designed for enhanced returns necessitates a solid risk management approach to safeguard against potential downturns.

  • Transparency and Liquidity:

    As an Exchange-Traded Fund, ORLG provides inherent transparency and liquidity in trading. Investors have the advantage of real-time pricing and the ability to trade throughout market hours, unlike traditional mutual funds which are only priced at the end of the trading day. This liquidity is critical for those actively managing their portfolios and seeking to make timely decisions based on shifting market conditions.

  • Educational Resources:

    To support investor understanding and engagement, resources may be available that outline the mechanics of leveraged ETFs, covering their benefits and risks. These materials aim to educate traders about the risks associated with volatile trading strategies, enabling well-informed decision-making for those considering the ORLG as part of their investment approach.

Contact Information

Address: 34 East Putnam Avenue
Phone: 1 855 843 2534