The exchange-traded fund (ETF) gives investors daily leveraged exposure to Ouster, a US developer of LiDAR sensors and perception software.
Defiance ETFs has launched the Defiance Daily Target 2X Long OUST ETF (OUSL), expanding its range of single-stock leveraged ETFs. OUSL seeks to deliver 200% of the daily percentage change in Ouster's share price The ETF, which began trading on Cboe on 14 July, is linked to Ouster, Inc. (Nasdaq: OUST), a US company that develops digital LiDAR sensors and perception software for three-dimensional vision systems. OUSL seeks to deliver 200% of the daily percentage change in Ouster's share price