AdvisorShares Psychedelics ETF (NYSEARCA:PSIL) Shares Down 0.8% – Here’s Why

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

AdvisorShares Psychedelics ETF Price Performance

The stock has a fifty day moving average price of $11.77 and a 200 day moving average price 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.

Further Reading

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