Leverage Shares 2x Long CRM Daily ETF (CRMG)
Leverage Shares 2x Long CRM Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $5.96, down 4.18% on the session, giving a market capitalisation of $52.1M. Its beta of 0.43 implies it has historically moved less than the broad market.
The Leverage Shares 2x Long CRM Daily ETF, known by its ticker CRMG, functions as an exchange-traded fund designed to deliver amplified daily returns. This ETF aims to double (200%) the single-day performance of Salesforce (CRM) stock, before accounting for its inherent fees and operating expenses. It is primarily intended for active traders seeking to magnify their potential short-term gains from CRM's daily market movements.
Leverage Shares 2x Long CRM Daily ETF is most often compared with the following Financial Services names: