Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Do Good. For your portfolio and our planet: SG's 1st low-carbon ETF
Views 112K Contents 414

ETF is abused

When I first started to invest, I always think it is good to invest in ETF as it is diversified and generally will give you good returns if you invested in those well known ones.
ETF is abused
However after a year of investing in GME and AMC, I learnt that ETF is actually abused and is another way for big money to short the stocks. Look at XRT from the screenshot, it is shorted over 1000% which does not make sense at all. Shares are just created out of thin air to suppress the prices of stocks in that ETF. Since I learnt about this, it gave me an insight of how ETF can be bad for investors.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
1265 Views
Comment
Sign in to post a comment