GraniteShares 3X Short Microsoft Daily ETP
GraniteShares 3X Short Microsoft Daily ETP (GB:3SMS) Price & Chart
GB:3SMS ETF Chart & Stats
- Day’s Range
- $3.79 - $3.79
- 52-Week Range
- $3.20 - $20.29
- Previous Close
- $3.92
- Volume
- 0
- Average Volume (3M)
- 3,888
- AUM
- 524.44K
- NAV
- 3.86
- Expense Ratio
- <0.01%
- Holdings Count
- 0
- Beta
- -0.96
- Inception Date
- Jun 29, 2020
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- N/A
- Standard Deviation
- N/A
ETF Overview
GraniteShares 3X Short Microsoft Daily ETP
GraniteShares 3X Short Microsoft Daily ETP (Ticker: GB:3SMS) is a sophisticated financial instrument designed for investors looking to capitalize on short-term bearish movements in Microsoft Corporation's stock price. As part of the sector-focused category, this Exchange Traded Product (ETP) zeroes in on the dynamic Information Technology sector, offering a unique leverage opportunity to hedge or speculate within this ever-evolving industry. The GraniteShares 3X Short Microsoft Daily ETP provides a leveraged exposure of three times the inverse of Microsoft's daily performance. This means for every 1% decline in Microsoft’s stock price, the ETP aims to deliver a 3% gain, making it an appealing choice for those with a short-term outlook on Microsoft's market trajectory. This high-risk, high-reward strategy is tailored for experienced investors who are adept at navigating the complexities of leveraged products and understand the potential for rapid gains as well as significant losses. In a technology-driven world where Microsoft plays a pivotal role, this ETP offers a targeted approach to influence investment outcomes based on market sentiments specific to Microsoft. It allows investors to strategically position themselves in anticipation of market corrections or downturns in Microsoft’s stock, thereby providing a specialized tool within the information technology investment niche. As an expertly crafted financial vehicle, the GraniteShares 3X Short Microsoft Daily ETP stands out for its precision focus on a leading tech giant, embodying both the challenges and opportunities inherent in sector-specific leveraged investing.
- Asset Class
- Equity
- Region
- North America
- Issuer
- GraniteShares
- Index Tracked
- Solactive Daily Leveraged 3x Short Microsoft Corp Index
- Ticker Symbol
- GB:3SMS

