AdvisorShares Psychedelics ETF (NYSEARCA:PSIL) Trading Down 0.8% – Time to Sell?

AdvisorShares Psychedelics ETF (NYSEARCA:PSILGet Free Report) shares fell 0.8% on Monday . The stock traded as low as $10.36 and last traded at $10.52. 12,068 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 12,271 shares. The stock had previously closed at $10.61.

AdvisorShares Psychedelics ETF Stock Down 0.8 %

The stock has a 50 day moving average of $11.77 and a 200-day moving average of $6.39.

About AdvisorShares Psychedelics ETF

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The AdvisorShares Psychedelics ETF (PSIL) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to the emerging global psychedelics industry. PSIL was launched on Sep 15, 2021 and is managed by AdvisorShares.

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