Defiance ETFs has launched the Defiance Daily Target 2X Short AMD ETF (DAMD) for traders seeking to express short-term bearish views on Advanced Micro Devices, Inc. (AMD). DAMD aims to deliver -200% of the daily percentage change in AMD’s share price, providing an instrument for sophisticated investors. The Fund does not seek to achieve its objective for any period other than a single trading day. Traders should be knowledgeable about leveraged inverse investments, understand risks associated with leverage, and be willing to actively monitor portfolios. The Fund’s performance is riskier than alternatives not using leverage, with potential for total principal loss in a single trading day.

Read more at GlobeNewswire: the First 2X Short ETF of