AdvisorShares Psychedelics ETF (NYSEARCA:PSIL) Stock Price Up 6% – Still a Buy?

Shares of AdvisorShares Psychedelics ETF (NYSEARCA:PSILGet Free Report) rose 6% during mid-day trading on Tuesday . The stock traded as high as $14.28 and last traded at $14.23. Approximately 4,401 shares changed hands during trading, a decline of 70% from the average daily volume of 14,620 shares. The stock had previously closed at $13.42.

AdvisorShares Psychedelics ETF Trading Up 6.0%

The stock has a 50-day moving average price of $12.69 and a 200 day moving average price of $12.40.

About AdvisorShares Psychedelics ETF

(Get Free Report)

The AdvisorShares Psychedelics ETF (PSIL) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to the emerging global psychedelics industry. PSIL was launched on Sep 15, 2021 and is managed by AdvisorShares.

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