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SBRT

LSE
14.76250 USD
0.7125
4.60%
Last update Jun 13, 3:14 PM BST
Pre-market
Day range
14.61000
14.76250
Previous close
15.47500
Open
14.73000
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Etfs 1x Daily Short Brent Crude
14.76
0.71
4.60%

Overview

Description

Etfs 1x Daily Short Brent Crude is a unique financial instrument designed to provide investors with a means of gaining short exposure to the Brent Crude oil market. Specifically, this Exchange Traded Fund (ETF) aims to deliver the inverse daily performance of the Bloomberg Brent Crude Subindex. This allows investors to potentially profit from downturns in the price of Brent crude oil, providing a strategic tool for hedging or tactical allocation in diversified portfolios. A notable feature of the fund is its daily rebalancing mechanism which ensures alignment with the target benchmark, though this feature can lead to potential compounding effects if held over longer periods. Operating within the energy sector, the ETF indirectly impacts industries reliant on crude oil pricing, such as transportation, manufacturing, and petrochemicals. By facilitating direct access to short positions in an essential global commodity, the Etfs 1x Daily Short Brent Crude serves as a significant instrument for risk management and speculative strategies in the broader financial market landscape.

About

Address
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
United Kingdom
MIC code
XLON
Pre-market

Exchange is currently open for pre-market.
Main market opens in 36 minutes

07:23
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).