Leverage Shares -3x Short Alibaba (BABA) ETP (GB:BA3S) Price & Chart

GB:BA3S ETF Chart & Stats

$11.77

At close: Nov 13 4:00 PM EST

Day’s Range: $11.50 - $12.30
52-Week Range: $3.90 - $19.64
Previous Close: $11.42
Volume: 7,316
Average Volume (3M): 3,670
AUM: 372.48K
NAV: 11.66
Expense Ratio: 0.02%
Holdings Count: 3
Beta: -3.19
Inception Date: Jun 09, 2022
Last Dividend Ex-Date: N/A
Dividend Yield: N/A
Shares Outstanding: 38,713
Standard Deviation: N/A

ETF Overview

Leverage Shares -3x Short Alibaba (BABA) ETP

Leverage Shares -3x Short Alibaba (BABA) ETP, trading under the ticker DE:SBA3, is a dynamic exchange-traded product designed for investors aiming to capitalize on short-term bearish movements in Alibaba's stock value. This ETP falls under the category of sector-focused investment, with a specific concentration on the Consumer Discretionary sector, honing in on the Broadline Retail niche. By providing a leveraged inverse exposure, the fund seeks to deliver a daily return that is three times the inverse of Alibaba's performance. This makes it an ideal vehicle for sophisticated investors looking to hedge or amplify their bets against the e-commerce giant in volatile market conditions. With its strategic focus on a key player in the consumer discretionary space, this ETP offers an innovative approach to diversifying portfolios and managing risk, appealing to those who are attuned to the fast-paced world of retail and technology.

GB:BA3S ETF News

Cboe data shows mixed options sentiment in Alibaba with shares down 0.34%

Cboe data shows mixed options sentiment in Alibaba (BABA), with shares down 32c near $94.04. Options volume running well above average with 114k contracts traded and calls leading puts for

15h agoBABA AHLA

Anthropic Targets $1.4T Valuation in $90.4B IPO Next Week as U.S. Stock Sales Beat 2021 Record

Anthropic is targeting a valuation of up to $1.4 trillion as it aims to raise $90.4 billion in the largest initial public offering in history next week on November 18,

17h agoV BABA

Nvidia’s Jensen Huang Scandal Could Pull the Plug on Alibaba Stock (BABA) and Its Free AI Boom

Jensen Huang‘s resignation scandal at Nvidia could pull the plug on Alibaba stock and its free artificial intelligence boom. Alibaba shares tumbled 7% on Thursday to $94.36, marking their lowest

20h agoBABA DUOL

Alibaba’s (BABA) AI Growth Prospects Remain Masked by Short-Term Challenges

Alibaba Group Holding Limited ($BABA) offers promising artificial intelligence (AI) growth prospects, but its short-term struggles continue to weigh on the stock. The Chinese tech giant has failed to gain

21h agoAMZN BABA

Option traders moderately bearish in Alibaba with shares down 6.8%

Option traders moderately bearish in Alibaba (BABA), with shares down $6.91 near $94.61. Options volume more than double the daily average with 247k contracts traded and calls leading puts for

1d agoBABA AHLA

Unusually active option classes on open November 12th

Unusual total active option classes on open include: T-REX 2X INVERSE MSTR DAILY TARGET (MSTZ), Intuitive Machines Inc (LUNR), DESTINY TECH100 INC (DXYZ), iShares Taiwan (EWT), Direxion Daily S&P Bear

1d agoHL BTG

Why Is Alibaba Stock (BABA) Falling in Premarket Today Ahead of November 19 Earnings?

Alibaba ($BABA) stock trended lower in Thursday’s pre-market trading as concerns over Nvidia ($NVDA) chip supplies weighed on Chinese AI shares. The decline came ahead of Alibaba’s November 19 earnings,

1d agoBABA NVDA

Alibaba upgraded to Buy from Hold at DZ Bank

DZ Bank upgraded Alibaba (BABA) to Buy from Hold with a $140 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

2d agoBABA AHLA

Alibaba T-Head spin-off a positive catalyst, but upside ‘premature,’ says BofA

After Alibaba (BABA) announced plans to spin off and list chip unit T-Head in Hong Kong, BofA analyst Joyce Ju views the proposed listing as “strategically positive for T-Head and

2d agoBABA AHLA

Short-seller warned of Nvidia CEO’s ‘uncomfortably close’ ties, NY Times reports

Activist short-seller Culper Research raised concerns in a May report about Nvidia (NVDA) CEO Jensen Huang’s relationship with Alice Huang, an executive at Megaspeed, months before Huang admitted to an

2d agoBABA NVDA

Midday Fly By: Anthropic to sell 825M shares in IPO, Take-Two reports mixed Q2

The major averages were broadly lower near noon, giving some of yesterday’s sharp gains, as October inflation data came in hotter-than-anticipated. Additionally, Federal Reserve Governor Christopher Waller said in a

3d agoANT SBH

Alibaba’s T-Head files confidential Hong Kong IPO application, Reuters reports

Alibaba’s (BABA) chip unit, T-Head, has confidentially filed a listing application with the Hong Kong Stock Exchange after receiving approval to proceed with a spin-off, Reuters’ Rajasik Mukherje reports. Published

3d agoBABA AHLA

TSMC Stock (TSM) Rallies 2% on Plans to Invest $1B Into Anthropic and OpenAI Shares

TSMC stock was up on Tuesday after the company revealed plans to invest $1 billion in AI shares.

3d agoTSM AMZN

China’s Moonshot AI Rents Nvidia’s Top AI Chips

China’s Moonshot AI has gained access to some of Nvidia’s ($NVDA) most advanced AI chips despite U.S. export restrictions. The development highlights the continued demand for American chip technology among

4d agoBABA NVDA

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