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The WisdomTree Silver 1x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors a "short" position against the daily price movements of silver. The ETC's overall return is structured to inversely track (-1x) the daily performance of the Bloomberg Silver Sub Excess Return Index (BCOMSI). This return calculation also incorporates any interest revenue generated, adjusted to account for all relevant fees and operational costs. For clarity, if the Bloomberg Silver Sub Excess Return Index were to rise by 1% in a single day, the ETC's value would typically fall by 1% (before accounting for fees). Conversely, a 1% decline in the index over the same daily period would generally lead to a 1% increase in the ETC, prior to fee deductions.
FAQs
What is S 1x Daily Short Silver stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Boerse Muenchen exchange S 1x Daily Short Silver stocks are traded under the ticker SSIL.MU.
In which sector is S 1x Daily Short Silver located?▼
S 1x Daily Short Silver operates in the Finance & Payments sector.
When did S 1x Daily Short Silver complete a stock split?▼
S 1x Daily Short Silver has not had any recent stock splits.
Where is S 1x Daily Short Silver headquartered?▼
S 1x Daily Short Silver is headquartered in St Helier, United States.