SKDD
The GraniteShares 2x Short SK Hynix Daily ETF is a leveraged exchange-traded fund that seeks to deliver -2× the daily performance of the SK hynix Inc. ADR (Nasdaq: SKHY) before fees and expenses. The fund primarily gains its inverse exposure through short positions and swap agreements on the underlying ADR, with leverage reset daily. Designed for short-term trading, it amplifies both potential gains and losses and is not intended as a long-term investment.