YANG, ETHD: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2024
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Source: NASDAQ.COM
Significant ETF Outflows: The Direxion Daily FTSE China Bear 3X Shares experienced the largest outflow with a decrease of 25,650,000 units, marking a 26.0% decline from the previous week.
Percentage Decline in Units: The ProShares 404 saw a notable percentage drop, losing 60,000 units which equates to a 40.0% reduction compared to the prior week.
Analyst Views on YANG
Wall Street analysts forecast YANG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for YANG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.850
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Current: 22.850
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
