In trading on Thursday, shares of the GraniteShares HIPS US High Income ETF (HIPS) fell below their 200-day moving average of $11.76, hitting a low of $11.74 per share, representing a decline of about 1.2%.
Over the past year, HIPS has reached a low of $11.28 and a high of $12.30, with the most recent trade at $11.74, indicating ongoing volatility in the market.
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