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GRANITESHARES 3X SHORT AND 3X LONG ETPS SEE SURGE IN INTEREST FROM KOREAN INVESTORS

GRANITESHARES 3X SHORT AND 3X LONG ETPS SEE SURGE IN INTEREST FROM KOREAN INVESTORS

Posted:
Topic: Technology
Publication Type: Market Commentaries

GRANITESHARES 3X SHORT AND 3X LONG ETPS SEE SURGE IN INTEREST FROM KOREAN INVESTORS

 

DATE – ETP provider GraniteShares, which offers a unique range of 3x short and 3x leveraged ETPs on popular UK, US, and European Stocks, has seen a 166% rise in trading in its range of short ETPs on popular stocks amid the recent market sell off, and as part of this a surge in visits to its website from South Korean investors.  This is despite the fact that its short and leveraged ETPs are only listed in Europe.

GraniteShares says it now receives more interest in its ETPs from South Korean investors than most other countries. Specifically, Korea registered fourth in total global website traffic year to date behind the United States, UK and Italy.  Data from Graniteshares shows most popular products for South Korean investors are 3X Leveraged Tesla, both 3X Long ETP (3LTS) and 3X Short (3STS). Other popular products have been NIO (3LNI) and NVIDIA (3LNV)

Total trading at GraniteShares hit $1.7 billion last year across its range of products listed on the London Stock Exchange, Euronext and Borsa Italiana, compared to $130.7 million in 2020. The most popular trades were GraniteShares 3x Long Tesla (3LTS) and GraniteShares 3x Long Rolls-Royce (3LRR) which

2022 has started with steep declines in major markets. The increase in Graniteshares ETP trading was part of the broader global surge in Leveraged and inverse ETPs as assets hit a record high of $125.5bn at end of December 2021 according to research firm ETFGI.

Will Rhind, Founder and CEO at GraniteShares said: “The surge in trading volumes we’ve witnessed on our Short ETPs in January demonstrates increasing willingness by sophisticated investors to take action in volatile markets to hedge risk or to profit from falling prices.”

However, what has really surprised us is the interest in our range of ETPs from investors based in South Korea – even though our products are not listed there. It is one indicator that ETPs on popular stocks such as Tesla truly have global appeal”.

GraniteShares range of Short ETPs, which are designed to rise in value when the underlying stock or index falls, are seeing a surge of interest as sophisticated investors seek to hedge portfolios against market falls. The most active short ETPs have been TESLA (3STS) , NIO (3SNI) , NVIDIA (3SNV), UBER (3SUB) & META (3SFB)

GraniteShares offers a total of 89 exchange traded products (ETPs) listed on the London Stock Exchange, Euronext Paris, and the Italian Stock Exchange. They consist of a suite of index ETPs tracking FAANG stocks and a suite of Short and Leveraged Single Stock Daily ETPs tracking some of the most popular companies in UK US and European markets.

Its FAANG, GAFAM and FATANG product suite, offers long, short and 3X leveraged ETFs on FAANG, GAFAM and FATANG indices and can be traded in a single ticker symbol via ordinary brokerage accounts. FAANG consists of Facebook, Amazon, Apple, Netflix, and Google while GAFAM includes Google, Apple, Facebook Amazon, and Microsoft and FATANG covers Facebook, Amazon, Tesla, Apple, Netflix, and Google 

ETPs offer a pure way to gain exposure to top tech companies in the U.S. market. Indices are equally weighted and rebalanced quarterly.

 

GraniteShares suite of ETPs on FAANG stocks

Product Name Ticker

GraniteShares FAANG ETP

FANG

GraniteShares GAFAM ETP

GFAM

GraniteShares FATANG ETP

FTNG

 

Leveraged ETPs on FAANG indices

Underlying Index +3x Long -3x Short  -1x Short

FAANG

3FNG

3SFG

SFNG

GAFAM

3GFM

3SGF

SGFM

FATANG

3FTG

3SFT

SFTG

 

UK Leveraged Single Stock ETPs

Underlying stock +3x Long -3x Short

AstraZeneca

3LAZ

3SAZ

BAE Systems

3LBA

3SBA

Barclays

3LBC

3SBC

BP

3LBP

3SBP

Diageo

3LDO

3SDO

Glencore

3LGL

3SGL

Lloyds Banking Group

3LLL

3SLL

Rio Tinto

3LRI

3SRI

Royal Dutch Shell

3LRD

3SRD

Rolls-Royce

3LRR

3SRR

Vodafone

3LVO

3SVO

 

US Leveraged Single Stock ETPs

Underlying stock +3x Long -3x Short

Alphabet

3LAL

3SAL

Amazon

3LZN

3SZN

Apple

3LAP

3SAP

Facebook

3LFB

3SFB

Microsoft

3LMS

3SMS

Netflix

3LNF

3SNF

NIO

3LNI

3SNI

NVIDIA

3LNV

3SNV

Tesla

3LTS

3STS

Uber

3LUB

3SUB

 

   Capital at risk

  -Ends-

Notes to editors:

For further information please call Phil Anderson at Perception A on 07767 491 519 / 07983 335 021.

Data range: December 6-10 vs January 17-21

GraniteShares: A brief history

GraniteShares is an entrepreneurial ETP provider focused on providing professional investors with innovative, cutting-edge investment solutions. We believe the future of investing lies at the nexus of alternative thinking, low fees, and disruptive product structures—the core of our high conviction philosophy. Backed by Bain Capital Ventures, we launched our first product in 2017 and are now among the fastest growing ETP issuers with over $1.6 Billion in assets under management* spanning a full array of investment strategies.

ETPs are issued by GraniteShares Financial PLC, a company incorporated in Ireland.

Investing in GraniteShares ETPs on U.S. listed stocks

Those trading GraniteShares new US leverage and inverse ETPs will not need to complete a W-8BEN form (US Department of the Treasury, Internal Revenue Service, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting).

The ETPs can be held in self-select ISAs and SIPPs.

There is no margin requirement and losses cannot exceed the amount invested.

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