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The Short De-spac Etf
25.
0 (0.00%)
Last Update: 27 Jun 2023 16:30:00
Yesterday: 25.
Day's Range: 25. - 25.
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When Written:
30.84
The Short De-SPAC ETF is an exchange-traded fund that aims to provide investors with inverse exposure to a basket of de-SPAC'd companies. De-SPAC'd companies are those that have completed a merger with a special purpose acquisition company (SPAC) and have become publicly traded.
The Short De-SPAC ETF is designed to provide investors with a way to profit from the potential downside of these companies, which may experience a decline in value after the merger is completed. The ETF uses a short selling strategy, which involves borrowing shares and selling them in the market, with the hope of buying them back at a lower price to make a profit.
The ETF is managed by AdvisorShares, and its ticker symbol is SPCX. As of August 2021, the ETF had an expense ratio of 0.95% and held a portfolio of 25 short positions in de-SPAC'd companies. The ETF's performance is based on the Solactive Short De-SPAC Index, which is designed to track the performance of short positions in de-SPAC'd companies.
As with any investment, the Short De-SPAC ETF carries risks, including market volatility and potential losses. Investors should carefully consider their investment goals and risk tolerance before investing in this or any other ETF.
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.
The Short De-SPAC ETF is designed to provide investors with a way to profit from the potential downside of these companies, which may experience a decline in value after the merger is completed. The ETF uses a short selling strategy, which involves borrowing shares and selling them in the market, with the hope of buying them back at a lower price to make a profit.
The ETF is managed by AdvisorShares, and its ticker symbol is SPCX. As of August 2021, the ETF had an expense ratio of 0.95% and held a portfolio of 25 short positions in de-SPAC'd companies. The ETF's performance is based on the Solactive Short De-SPAC Index, which is designed to track the performance of short positions in de-SPAC'd companies.
As with any investment, the Short De-SPAC ETF carries risks, including market volatility and potential losses. Investors should carefully consider their investment goals and risk tolerance before investing in this or any other ETF.
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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