Single-Stock ETFs Would Let Bears Bet Against AMC, Tilray And Other Meme Stocks: What Investors Should Know
Investors can soon short all their favorite meme stocks with the immunity offered by an exchange-traded fund. What Happened: Rex Shares is planning to add 10 new series of inverse single stock ETFs, mostly meme stocks, Form N1-A filed by funds’ advisor Tidal ETF Trust II late Monday showed. The stocks for which Rex Shares, the sponsor, has proposed ETFs are: MicroStrategy, Inc. (NASDAQ: MSTR ) Coinbase Global, Inc. (NASDAQ: COIN ) GameStop Corporation (NYSE: GME ) AMC Entertainment Holdings, Inc. (NYSE: AMC ) Peloton Interactive, Inc. (NASDAQ: PTON ) Tilray Brands, Inc. (NASDAQ: TLRY ) Nikola Corporation (NASDAQ: NKLA ) Robinhood Markets, Inc. (NASDAQ: HOOD ) Beyond Meat, Inc. (NASDAQ: BYND ) Penn Entertainment, Inc. (NASDAQ: PENN ) The ETFs seek daily inverse … Full story available on Benzinga.com
Single-Stock ETFs Would Let Bears Bet Against AMC, Tilray And Other Meme Stocks: What Investors Should Know
Investors can soon short all their favorite meme stocks with the immunity offered by an exchange-traded fund. What Happened: Rex Shares is planning to add 10 new series of inverse single stock ETFs, mostly meme stocks, Form N1-A filed by funds’ advisor Tidal ETF Trust II late Monday showed. The stocks for which Rex Shares, the sponsor, has proposed ETFs are: MicroStrategy, Inc. (NASDAQ: MSTR ) Coinbase Global, Inc. (NASDAQ: COIN ) GameStop Corporation (NYSE: GME ) AMC Entertainment Holdings, Inc. (NYSE: AMC ) Peloton Interactive, Inc. (NASDAQ: PTON ) Tilray Brands, Inc. (NASDAQ: TLRY ) Nikola Corporation (NASDAQ: NKLA ) Robinhood Markets, Inc. (NASDAQ: HOOD ) Beyond Meat, Inc. (NASDAQ: BYND ) Penn Entertainment, Inc. (NASDAQ: PENN ) The ETFs seek daily inverse … Full story available on Benzinga.com