Overview
Description
The GraniteShares 3x Short Tesla ETP is an Exchange Traded Product that provides investors with a means to profit from a decline in Tesla's stock price. Specifically designed to offer a leveraged inverse exposure, this ETP aims to deliver three times the daily inverse performance of Tesla's stock. Thus, if Tesla's share price decreases, this product should theoretically increase at a rate proportionate to its leverage factor, minus applicable fees and adjustments. This financial instrument is part of a broader category of leveraged and inverse ETPs that allow sophisticated investors to tactically manage their market exposure or hedge existing portfolios. It is pivotal in meeting the needs of those seeking to fine-tune their equity strategies in response to perceived overvaluations or market corrections. Notably, this ETP is targeted towards experienced market participants due to its complex nature and the inherent risks associated with leveraged investments. As part of GraniteShares' suite of innovative financial products, the 3x Short Tesla ETP plays a significant role in providing flexible solutions for dynamic trading environments.
About
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Employees
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Address
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Phone
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Website
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Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON