Leverage Shares -1x Short Square ETP Securities (LON:SQS) Stock Pass Above 200-Day Moving Average – Here’s Why

Shares of Leverage Shares -1x Short Square ETP Securities (LON:SQSGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.46 ($0.06) and traded as high as GBX 5.17 ($0.07). Leverage Shares -1x Short Square ETP Securities shares last traded at GBX 4.95 ($0.06), with a volume of 380 shares.

Leverage Shares -1x Short Square ETP Securities Price Performance

The stock has a 50-day moving average price of GBX 3.58 and a 200 day moving average price of GBX 4.46.

About Leverage Shares -1x Short Square ETP Securities

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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.

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