Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) Shares Shorted: Short Interest Down 55.8% in October

Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 389,215 shares, a decline of 55.8% from the September 30th total of 880,724 shares. Approximately 5.4% of the shares of the company are sold short. Based on an average trading volume of 2,337,733 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Leverage Shares 2x Long ADBE Daily ETF stock. Cygnus Capital Advisors LLC bought a new stake in shares of Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 281,375 shares of the company’s stock, valued at approximately $841,000. Cygnus Capital Advisors LLC owned 2.87% of Leverage Shares 2x Long ADBE Daily ETF as of its most recent filing with the Securities and Exchange Commission.

Leverage Shares 2x Long ADBE Daily ETF Price Performance

NASDAQ:ADBG traded up $0.07 during mid-day trading on Friday, reaching $3.95. 2,430,899 shares of the company’s stock were exchanged, compared to its average volume of 3,717,349. Leverage Shares 2x Long ADBE Daily ETF has a one year low of $2.60 and a one year high of $11.03. The business’s fifty day simple moving average is $4.23 and its two-hundred day simple moving average is $4.64.

About Leverage Shares 2x Long ADBE Daily ETF

Themes ETF Trust – Leverage Shares 2x Long ADBE Daily ETF (ADBG) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.