GraniteShares 3x Short (noob here)

Hi everyone.

A newbie question from a newbie in investment world.

Can anyone share some info or reference link to understand what are these “GraniteShares 3x Short …” shares.

I know people who short stocks. But here is it done automatically ? For example, an increase of lets say +1% in this granite share value would imply that the real value of the corresponding stock went down by -1% ?

Some info:

https://community.trading212.com/t/what-are-leverage-shares-etps/17991/14?u=vvsvin

I would suggest staying away from things you don’t understand.
The forum has lots of topics with people loosing money by playing with things they don’t understand.

Hi T212 Traders,
we have created this topic to centralize all questions related to GraniteShares: GraniteShares ETPs – News / Questions & Answers