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Graniteshares Etf Trust - Graniteshares 2x Long Nio Daily Etf

19.98
0.00 (0.00%)
Last Update: 26 Jun 2023 16:30:00
Yesterday: 19.98
Day's Range: 19.98 - 19.98
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When Written:
 
26.42
The GraniteShares 2x Long NIO Daily ETF (NIOX) is an exchange-traded fund that seeks to provide 2x leveraged exposure to the daily performance of the NIO Inc. (NIO) stock. NIO is a Chinese electric vehicle company that designs, manufactures, and sells premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence.

The ETF uses financial instruments such as swaps, futures, and options to achieve its investment objective. It is designed for investors who seek to amplify their exposure to NIO's daily price movements and are willing to accept the risks associated with leveraged investing.

The GraniteShares ETF Trust is a family of ETFs that provides investors with access to a range of investment strategies across various asset classes, including equities, fixed income, and commodities. The trust aims to provide cost-effective and transparent investment solutions to investors seeking to diversify their portfolios and enhance their returns.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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