Three Major Institutional Investors Dump 85,000 Shares of 'This ETF' Leading to Bloodbath? Stockholders Cry Out: Meet at the Park

Reported 12 months ago

On July 1, 2024, Taiwan's stock market fluctuated, closing with a 26.32 point increase at 23,058.57 points, up 0.11%, with a transaction volume of 428.35 billion NT dollars. Exchange data shows institutional investors collectively sold 4.395 billion NT dollars worth of shares. The top-selling ETF was Yuanta US Treasury 20+ Year ETN (00680L) with a net selling of 85,868 shares, closing at 8.44 NT dollars, a 3.32% decrease. Stockholders expressed skepticism towards the ETF, suggesting potential bankruptcies and advising to short US Treasury futures, with some humorously proposing a meetup at the park.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis