Leverage Shares -1x Short Square ETP Securities (LON:SQS) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Leverage Shares -1x Short Square ETP Securities (LON:SQSGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3.55 and traded as high as GBX 3.74. Leverage Shares -1x Short Square ETP Securities shares last traded at GBX 3.74, with a volume of 1,120 shares changing hands.

Leverage Shares -1x Short Square ETP Securities Stock Up 3.9%

The firm’s 50 day simple moving average is GBX 3.73 and its 200 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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