The Graniteshares 3X Short Apple Daily ETP (Ticker: GB:3SAP) is an innovative exchange-traded product designed for investors seeking to capitalize on short-term bearish movements in Apple Inc. stock. As a leveraged inverse ETP, it aims to deliver three times the inverse daily performance of Apple shares, offering a powerful tool for sophisticated investors looking to hedge against or speculate on declines in Apple’s stock price. Positioned within the Information Technology sector, this fund provides a unique opportunity for those with strong convictions about short-term market trends, particularly in one of the world's most influential technology companies. The Graniteshares 3X Short Apple Daily ETP stands out in its niche, catering to traders who are adept at managing leverage and can handle the associated risks, while offering a specialized strategy within the broader tech-focused investment landscape.
Graniteshares 3X Short Apple Daily ETP (3SAP) Fund Flow Chart
Graniteshares 3X Short Apple Daily ETP (3SAP) 1 year Net Flows: 1M
3SAP ETF FAQ
What was GB:3SAP’s price range in the past 12 months?
GB:3SAP lowest ETF price was 7.29 and its highest was 32.39 in the past 12 months.
What is the AUM of GB:3SAP?
As of Mar 10, 2025 The AUM of GB:3SAP is 1.39M.
Is GB:3SAP overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GB:3SAP pay dividends?
GB:3SAP does not currently pay dividends.
How many shares outstanding does GB:3SAP have?
Currently, no data Available
Which hedge fund is a major shareholder of GB:3SAP?
Currently, no hedge funds are holding shares in GB:3SAP