No headlines found.
No press releases found.
No news found.
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Meta Platforms, Inc. Class A (NASDAQ META). The Fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate 2 times the daily performance of the Underlying Stock for a single day. A "single day" is defined as being calculated "from the close of regular trading on one trading day to the close on the next trading day."
Graniteshares 2X Long Meta Daily ETF trades on the NASDAQ stock market under the symbol FBL.
As of December 22, 2025, FBL stock price climbed to $33.43 with 1,749,415 million shares trading.
FBL has a beta of 2.90, meaning it tends to be more sensitive to market movements. FBL has a correlation of 0.46 to the broad based SPY ETF.
FBL has a market cap of $411.52 million. This is considered a Small Cap stock.
In the last 3 years, FBL traded as high as $51.74 and as low as $5.02.
FBL has underperformed the market in the last year with a price return of -2.5% while the SPY ETF gained +18.8%. FBL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -31.6% and -3.9%, respectively, while the SPY returned +3.5% and +0.2%, respectively.
FBL support price is $32.09 and resistance is $34.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FBL shares will trade within this expected range on the day.
