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Tradr Launches Leveraged ETFs on AMZN, AAOI, HL and IBM
Tradr ETFs has launched four new leveraged ETFs on single stocks: Amazon.com Inc. (AMZN), Applied Optoelectronics Inc. (AAOI), Hecla Mining Co. (HL), and International Business Machines Corp. (IBM). These first-to-market funds aim to deliver either two times the inverse (-200%) or two times long (200%) the daily performance of the underlying stock. Tradr ETFs, which manages $3 billion in assets, provides these tools for sophisticated investors and professional traders to express high-conviction market views.