Leverage Shares 2x Long AAL Daily ETF (AALG)
Leverage Shares 2x Long AAL Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $13.35, down 6.20% on the session, giving a market capitalisation of $2.8M. Its beta of 2.75 implies it has historically moved more than the broad market.
Tailored for active investors aiming to amplify their short-term gains, this particular Exchange Traded Fund (ETF) functions as a daily 2x leveraged bullish instrument. Its objective is to yield two hundred percent (200%) of the daily price movements of AAL stock, before accounting for any associated fees and operational costs.
Leverage Shares 2x Long AAL Daily ETF is most often compared with the following Financial Services names: