GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF company info

What does GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF do?
GraniteShares 2x Long Tilray Daily ETF (NASDAQ:AAPB) offers investors double the daily performance of Tilray Inc., a prominent player in the cannabis industry. This ETF is tailored for traders seeking amplified returns based on Tilray's daily stock movements, providing leveraged exposure to the volatile cannabis market. Ideal for those with a bullish short-term outlook on Tilray, AAPB tracks Tilray's performance closely on a day-to-day basis, aiming to capitalize on its market dynamics and potential growth opportunities. GraniteShares 2x Long Tilray Daily ETF (AAPB) appeals to investors looking to leverage Tilray's potential gains with increased risk and reward characteristics.
GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF company media
Company Snapshot

Is GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF a public or private company?

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Ownership
Public

How many people does GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF employ?

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Employees
10

What sector is GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF in?

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Sector
ETF

Where is the head office for GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF?

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Head Office
New York, United States

What year was GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF founded?

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Year Founded
2022
What does GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF specialise in?
/Leveraged ETF /Cannabis Investment /Daily Rebalancing /Indirect Exposure /Managed Risk /Market Returns

What are the products and/or services of GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF?

Overview of GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF offerings
Targets Tilray Stock Price: AAPB tracks the daily price movement of Tilray's stock.
Double Leverage: It aims to deliver returns that are twice what Tilray's stock moves, amplifying gains (and losses).
Daily Reset: The leverage is reset each day, so gains or losses aren't compounded over time.
Derivative Use: AAPB uses swaps or other derivatives to achieve the leveraged exposure to Tilray.
Tracks Specific Index: It targets the Solactive Daily Leveraged 2x Long Tilray Index, which measures Tilray's price movement with double leverage.
Risk Amplification: AAPB offers magnified returns but also comes with significantly higher risk compared to directly owning Tilray stock.