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DLVelocityShares Short LIBOR ETN logo

VelocityShares Short LIBOR ETN (DLBR)

New York Stock Exchange Arca · Currency in USD
$40.17 ▼ -0.38 (-0.94%)
At close: Apr 16, 2:29 PM ET. Market closed.

Summary

Previous Close
$40.55
Open
$41.00
Day's Range
$40.17 – $41.11
52 Week Range
$26.52 – $44.90
Volume
832
Avg. Volume
1,884
Market Cap
$2.44M
Beta (5Y Monthly)
0.00
PE Ratio (TTM)
--
EPS (TTM)
--
Earnings Date
--
Forward Dividend & Yield
--
Ex-Dividend Date
--
1y Target Est
--

Profile: VelocityShares Short LIBOR ETN

Sector
Financial Services
Industry
Asset Management
Full-time employees
--
CEO
--
Website
--

This investment product is designed to track the performance of the Janus Velocity Short LIBOR Index. The Short LIBOR Index itself endeavors to mimic the daily returns one would experience from a theoretical short sale of the composite forward LIBOR rate, essentially treating this rate as a tradable asset. It achieves this by maintaining a notional long position in Eurodollar futures contracts, which are meticulously rebalanced on a daily basis.

Earnings

No earnings history available.

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Data: Financial Modeling Prep. For information only, not investment advice.