Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Sees Large Drop in Short Interest

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 90,781 shares, a drop of 39.2% from the April 15th total of 149,366 shares. Based on an average trading volume of 81,082 shares, the short-interest ratio is presently 1.1 days. Currently, 9.5% of the company’s stock are short sold.

Leverage Shares 2X Long COIN Daily ETF Trading Down 5.5%

Shares of NASDAQ:COIG opened at $7.56 on Tuesday. Leverage Shares 2X Long COIN Daily ETF has a 1 year low of $4.97 and a 1 year high of $71.99. The business has a fifty day simple moving average of $8.23 and a 200 day simple moving average of $13.63.

Leverage Shares 2X Long COIN Daily ETF Company Profile

The Leverage Shares 2X Long COIN Daily ETF (COIG) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide 2x leveraged exposure to the daily price movement of COIN stock, less fees, and expenses. The fund uses derivatives to pursue its objective, holdings are used as collateral. COIG was launched on Mar 14, 2025 and is issued by Leverage Shares.