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

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 99,819 shares, a growth of 143.3% from the August 15th total of 41,032 shares. Approximately 6.2% of the shares of the company are sold short. Based on an average daily volume of 235,510 shares, the short-interest ratio is currently 0.4 days.

Leverage Shares 2X Long COIN Daily ETF Stock Performance

NASDAQ COIG traded up $0.16 on Friday, hitting $5.20. 143,312 shares of the company’s stock were exchanged, compared to its average volume of 140,418. The firm’s 50-day moving average price is $4.99 and its two-hundred day moving average price is $6.50. Leverage Shares 2X Long COIN Daily ETF has a fifty-two week low of $3.50 and a fifty-two week 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.