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GB:3LNI Price & Analysis

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3LNI ETF Chart & Stats

ETF Overview

GraniteShares 3x Long NIO Daily ETP

GraniteShares 3x Long NIO Daily ETP (Ticker: GB:3LNI) is a dynamic financial instrument designed for investors seeking amplified exposure to the electric vehicle sector, specifically within the Consumer Discretionary category. This Exchange-Traded Product (ETP) offers a unique opportunity to capitalize on the performance of NIO Inc., a leading Chinese automobile manufacturer known for its innovative electric vehicles. By employing a leverage factor of three times, this ETP aims to deliver triple the daily returns of NIO's stock, making it an attractive choice for those with a bullish outlook on the company's growth and the broader EV market. Focused on the Automobile Manufacturers niche, the GraniteShares 3x Long NIO Daily ETP caters to investors who are confident in the rapid advancements and increasing adoption of electric vehicles globally. This fund is particularly appealing to those who wish to harness the potential of the burgeoning EV industry without directly investing in individual stocks. With its sector-specific focus, the ETP provides a targeted approach, allowing investors to take advantage of the significant growth prospects within the Consumer Discretionary sector, driven by technological innovations and shifting consumer preferences towards sustainable transportation solutions. As a leveraged product, it is essential for investors to understand that GraniteShares 3x Long NIO Daily ETP is designed for short-term investment horizons and may not be suitable for all portfolios due to its inherent volatility and amplified exposure. However, for those with a tolerance for higher risk and a keen interest in the transformative potential of electric vehicles, this ETP offers a compelling avenue to potentially enhance returns in a rapidly evolving industry landscape.
Asset Class
Equity
Region
Asia-Pacific
Issuer
GraniteShares
Index Tracked
Solactive Daily Leveraged 3x long NIO Index - Benchmark TR Net
Ticker Symbol
GB:3LNI

GraniteShares 3x Long NIO Daily ETP (3LNI) Fund Flow Chart

GraniteShares 3x Long NIO Daily ETP (3LNI) 1 year Net Flows: 7M

3LNI ETF FAQ

What was GB:3LNI’s price range in the past 12 months?
GB:3LNI lowest ETF price was 0.16 and its highest was 2.75 in the past 12 months.
    What is the AUM of GB:3LNI?
    As of Jan 29, 2025 The AUM of GB:3LNI is 3.28M.
      Is GB:3LNI overvalued?
      Not enough analysts have published a price target to calculate whether the price is overvalued.
      Does GB:3LNI pay dividends?
      GB:3LNI does not currently pay dividends.
      How many shares outstanding does GB:3LNI have?
      Currently, no data Available
      Which hedge fund is a major shareholder of GB:3LNI?
      Currently, no hedge funds are holding shares in GB:3LNI
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