GraniteShares 3x Short Alibaba ETP logo

GraniteShares 3x Short Alibaba ETP (SAA3)

Market Closed
14 Aug, 15:30
LSE LSE
32. 85
GBX
-1.45
-4.2274%
GBX
- Market Cap
- Div Yield
4,770 Volume
34.3 GBX
Previous Close
Add Transaction
Day Range
32.85 34.4
Year Range
19 134.1
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Summary

SAA3 closed yesterday lower at 32.85 GBX, a decrease of -4.2274% from Thursday's close, completing a monthly increase of 4.9521% or 1.55 GBX. Over the past 12 months, SAA3 stock lost -7.9832%.
SAA3 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on LSE (USD).

SAA3 Chart

GraniteShares 3x Short Alibaba ETP (SAA3) FAQ

What is the stock price today?

The current price is 32.85 GBX.

On which exchange is it traded?

GraniteShares 3x Short Alibaba ETP is listed on LSE.

What is its stock symbol?

The ticker symbol is SAA3.

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 Alibaba ETP ever had a stock split?

No, there has never been a stock split.

GraniteShares 3x Short Alibaba ETP Profile

LSE Exchange
United Kingdom Country

Overview

The GraniteShares 3x Long Alibaba ETP offers a unique investment opportunity designed for those looking to leverage the financial performance of Alibaba Group Holding Limited. As a leading conglomerate in e-commerce, technology, and digital media, Alibaba's market activities present lucrative avenues for investment. This exchange-traded product (ETP) seeks to provide investors with three times the daily performance of Alibaba's stock, effectively allowing an amplified response to the company's stock price movements. Geared towards experienced investors, the ETP caters to those with a capacity for managing the high risks associated with leveraged investments. Given its nature, the ETP is seen as a tool for short-term trading strategies, necessitating active management to keep pace with Alibaba's dynamic market presence and the associated investment leverage resetting daily.

Products and Services

The GraniteShares 3x Long Alibaba ETP positions itself as a distinct financial instrument within the market, offering the following specialized investment vehicle:

  • Leveraged Exposure to Alibaba Group: Providing three times the daily performance of Alibaba's stock, this service amplifies the potential gains from the company's upward price movements. Investors can gain enhanced exposure to sectors where Alibaba is a dominant player, including e-commerce, cloud computing, digital payments, and digital media. This represents an aggressive investment strategy aimed at maximizing short-term gains based on Alibaba's performance, highlighting the significant risk and high reward profile of leveraged ETPs.

Contact Information

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