Leverage Shares -1x Short Square ETP Securities (LON:SQS) Stock Price Up 0.1% – Still a Buy?

Leverage Shares -1x Short Square ETP Securities (LON:SQSGet Free Report)’s stock price traded up 0.1% on Friday . The stock traded as high as GBX 3.40 ($0.04) and last traded at GBX 3.40 ($0.04). 1,800 shares changed hands during trading, an increase of 156% from the average session volume of 704 shares. The stock had previously closed at GBX 3.39 ($0.04).

Leverage Shares -1x Short Square ETP Securities Stock Performance

The stock’s 50 day simple moving average is GBX 3.66 and its 200-day simple moving average is GBX 4.50.

Leverage Shares -1x Short Square ETP Securities Company Profile

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Leverage Shares ETPs present daily leveraged (5x, 4x, 3x, 2x), non-leveraged (1:1), and inverse (-1x, -2x, -3x, -4x, -5x) exposures, bringing to investors techniques once reserved for professional fund managers. These novel ETPs can be used to make high conviction trades or hedge positions in a variety of instruments such as tech giants Apple and Alphabet, consumer blockbusters like Netflix and Tesla, crypto colossus Coinbase, ETFs based on S&P 500 and Nasdaq-100, among others.

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