Leverage Shares -1x Short Square ETP Securities (LON:SQS) Hits New 1-Year High – Still a Buy?

Leverage Shares -1x Short Square ETP Securities (LON:SQSGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 46.10 and last traded at GBX 3, with a volume of 10 shares changing hands. The stock had previously closed at GBX 3.03.

Leverage Shares -1x Short Square ETP Securities Trading Down 1.0%

The company’s 50-day simple moving average is GBX 3.24 and its two-hundred day simple moving average is GBX 3.55.

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. ETCs as well as ETPs based on commodities such as Oil, Natural Gas, Gold, Copper and others are also available.

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