Company Data
GraniteShares 2x Long META Daily ETF
Ticker
FBL
Current Price
$43.9 -3.39%
Market Cap
$178.2M
Price Target
Refer to Report
Volume
728.8K
52wk Range
$18.18 - $51.74
Overview
Fund seeks daily leveraged investment results of 1.5 times (150%) the daily percentage change of the common stock of Meta Platforms, Inc. Class A (NASDAQ: META) (the Underlying Stock). The Fund is an actively managed exchange traded fund that attempts to replicate 1.5 times (150%) the daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate 1.5 times the daily performance of the Underlying Stock for a single day. A single day is defined as being calculated from the close of regular trading on one trading day to the close on the next trading day.