Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG) Sees Significant Increase in Short Interest

Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 100,764 shares, a growth of 262.9% from the September 15th total of 27,768 shares. Based on an average trading volume of 271,697 shares, the days-to-cover ratio is currently 0.4 days. Approximately 8.1% of the company’s shares are short sold.

Leverage Shares 2X Long MP Daily ETF Stock Performance

Shares of MPG traded down $0.10 during midday trading on Tuesday, reaching $2.94. The company had a trading volume of 106,458 shares, compared to its average volume of 152,888. Leverage Shares 2X Long MP Daily ETF has a 1-year low of $2.57 and a 1-year high of $13.56. The business has a 50 day simple moving average of $4.58. The company has a market capitalization of $3.67 million, a PE ratio of 2.04 and a beta of -11.39.