Alert: Reverse Split on 3SPA(1:8,500), 3SMI(1:35,000) and 3SSQ(1:16,00)

<p>Alert:<small class="text-black ps-2"> Reverse Split on <small class="text-black ps-2">3SPA(1:8,500), 3SMI(1:35,000) and 3SSQ(1:16,00)</small></small></p>

3STS

3x Short Tesla (TSLA) ETP


Available for trading on London Stock Exchange, Euronext Paris, Borsa Italiana.

3STS Product Description

GraniteShares 3x Short Tesla Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Short Tesla Inc Index that seeks to provide -3 times the daily performance of Tesla Inc shares.

For example, if Tesla Inc rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if Tesla Inc falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.

GraniteShares -3x Tesla is available in EUR,GBX,USD

What is Tesla (TSLA)?

Tesla Inc (NASDAQ: TSLA), called Tesla Motors until 2017, is an electric car manufacturer headquartered in the United States. The company's name is chosen as a tribute to Nikola Tesla, an American inventor, and engineer. Tesla's stated mission is "to accelerate the global transition to a sustainable energy path", including boosting electric-powered automotive competitiveness.Read more about Tesla (TSLA)

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Key Facts

Tickers (Trading Currency)
3STE (EUR) / 3STP (GBX) / 3STS (EUR) / 3STS (USD)
ISIN
XS2656471039
Underlying Stock
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0170%
Value per ETP Security as of 27 September 2023
$17.01469971
Dividend
Reinvested
Best ETP Provider

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3x Short Tesla (TSLA) ETP OVERVIEW

LISTING AND CODES for 3x Short Tesla (TSLA) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:400
Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3STS XS2656471039 BP83LZ7
London Stock Exchange EUR 3STE XS2656471039 BP83M10
London Stock Exchange GBX 3STP XS2656471039 BP83M09
Euronext Paris EUR 3STS XS2656471039 BP83M32
Borsa Italiana EUR 3STS XS2656471039 BP83M21

INDEX & PERFORMANCE of 3x Short Tesla (TSLA) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Tesla (TSLA) ETP

Understanding Collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

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