Betashares Australian High Interest Cash ETF Hit 52-Week Low

 Betashares Australian High Interest Cash ETF Hit 52 Week Low

The stock of Betashares Australian High Interest Cash ETF (ASX:AAA) hit a new 52-week low and has $43.57 target or 13.00% below today’s $50.08 share price. The 5 months bearish chart indicates high risk for the $ company. The 1-year low was reported on Nov, 2 by Barchart.com. If the $43.57 price target is reached, the company will be worth $ less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The ETF increased 0.02% or $0.01 on November 2, hitting $50.08. About 84,170 shares traded hands or 16.92% up from the average. Betashares Australian High Interest Cash ETF (ASX:AAA) has declined 0.04% since March 23, 2016 and is downtrending. It has underperformed by 2.56% the S&P500.

Another recent and important Betashares Australian High Interest Cash ETF (ASX:AAA) news was published by Fool.com.Au which published an article titled: “How to setup the perfect diversified portfolio: Part II” on April 01, 2015.

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