The funds seek to deliver twice the daily performance of their underlying stocks and are aimed at active traders looking for short-term tactical exposure.
GraniteShares has expanded its leveraged exchange-traded fund (ETF) range with the launch of two new single-stock products to amplify daily exposure to BlackBerry and Everpure shares. The funds provide traders with leveraged exposure through a standard brokerage account GraniteShares 2x Long BlackBerry Daily ETF (BBUL) and GraniteShares 2x Long Everpure Daily ETF (PUL) seek to deliver, before fees and expenses, 200% of the daily performance of their respective underlying stocks. BBUL is link