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Leverage Shares 2X Long MXL Daily ETF (MXLL)
BATS:MXLL
US Market

Leverage Shares 2X Long MXL Daily ETF (MXLL) Price & Analysis

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MXLL Stock Chart & Stats

$18.37
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Market closed
$18.37
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MXLL FAQ

What was Leverage Shares 2X Long MXL Daily ETF’s price range in the past 12 months?
Leverage Shares 2X Long MXL Daily ETF lowest stock price was $9.47 and its highest was $33.99 in the past 12 months.
    What is Leverage Shares 2X Long MXL Daily ETF’s market cap?
    Leverage Shares 2X Long MXL Daily ETF’s market cap is $1.90M.
      When is Leverage Shares 2X Long MXL Daily ETF’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Leverage Shares 2X Long MXL Daily ETF’s earnings last quarter?
      Currently, no data Available
      Is Leverage Shares 2X Long MXL Daily ETF overvalued?
      According to Wall Street analysts Leverage Shares 2X Long MXL Daily ETF’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Leverage Shares 2X Long MXL Daily ETF pay dividends?
        Leverage Shares 2X Long MXL Daily ETF does not currently pay dividends.
        What is Leverage Shares 2X Long MXL Daily ETF’s EPS estimate?
        Leverage Shares 2X Long MXL Daily ETF’s EPS estimate for its next earnings report is not yet available.
        How many shares outstanding does Leverage Shares 2X Long MXL Daily ETF have?
        Leverage Shares 2X Long MXL Daily ETF has 150,000 shares outstanding.
          What happened to Leverage Shares 2X Long MXL Daily ETF’s price movement after its last earnings report?
          Currently, no data Available
          Which hedge fund is a major shareholder of Leverage Shares 2X Long MXL Daily ETF?
          Currently, no hedge funds are holding shares in MXLL
          What is the TipRanks Smart Score and how is it calculated?
          Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

            Company Description

            Leverage Shares 2X Long MXL Daily ETF

            MXLL is designed for making bullish bets on the stock price of MaxLinear, Inc. (Ticker: MXL) through swap agreements. The fund seeks to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to MXLs daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should MXLs value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if MXLs performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
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