Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Short Interest Down 34.0% in August

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 41,032 shares, a drop of 34.0% from the July 30th total of 62,172 shares. Based on an average trading volume of 207,857 shares, the days-to-cover ratio is currently 0.2 days. Currently, 2.5% of the shares of the company are short sold.

Leverage Shares 2X Long COIN Daily ETF Price Performance

Shares of NASDAQ COIG traded down $0.75 during mid-day trading on Tuesday, hitting $5.39. 158,168 shares of the company were exchanged, compared to its average volume of 139,848. The stock has a 50 day simple moving average of $4.84 and a 200-day simple moving average of $6.56. Leverage Shares 2X Long COIN Daily ETF has a 1-year low of $3.50 and a 1-year high of $52.00.

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.