NYSEARCA:FLAT - NYSE Arca - US06740L4858
Ipath US Treasury Flattener ETN
NYSEARCA:FLAT (8/10/2020, 5:39:56 PM)
71.26
-0.3 (-0.42%)
The current stock price of FLAT is 71.26 null. In the past month the price increased by 0.81%. In the past year, price increased by 2.14%.
The iPath US Treasury Flattener ETN is designed to provide investors with inverse exposure to the Barclays US Treasury 2Y/10Y Yield Curve Index. The Barclays US Treasury 2Y/10Y Yield Curve Index (the Index) employs a strategy that seeks to capture returns that are potentially available from a steepening or flattening, as applicable, of the U.S. Treasury yield curve through a notional rolling investment in U.S. Treasury note futures contracts. The level of the Index is designed to increase in response to a "steepening" of the yield curve and to decrease in response to a flattening of the yield curve. To accomplish this objective, the performance of the Index tracks the returns of a notional investment in a weighted long position in relation to 2-year Treasury futures contracts and a weighted short position in relation to 10-year Treasury futures contracts, as traded on the Chicago Board of Trade.
Ipath US Treasury Flattener ETN
The current stock price of FLAT is 71.26 null. The price decreased by -0.42% in the last trading session.
The exchange symbol of Ipath US Treasury Flattener ETN is FLAT and it is listed on the NYSE Arca exchange.
FLAT stock is listed on the NYSE Arca exchange.
Ipath US Treasury Flattener ETN (FLAT) has a support level at 71.25 and a resistance level at 71.52. Check the full technical report for a detailed analysis of FLAT support and resistance levels.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
FLAT does not pay a dividend.
ChartMill assigns a technical rating of 3 / 10 to FLAT. When comparing the yearly performance of all stocks, FLAT is a bad performer in the overall market: 63.64% of all stocks are doing better.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | N/A | ||
ROE | N/A | ||
Debt/Equity | N/A |