Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG) Sees Large Growth in Short Interest

Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,308,622 shares, an increase of 582.1% from the September 30th total of 338,435 shares. Based on an average daily trading volume, of 3,180,614 shares, the short-interest ratio is currently 0.7 days. Approximately 21.9% of the shares of the company are short sold.

Institutional Trading of Leverage Shares 2X Long NBIS Daily ETF

An institutional investor recently raised its position in Leverage Shares 2X Long NBIS Daily ETF stock. SBI Securities Co. Ltd. lifted its position in Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG) by 82.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,799 shares of the company’s stock after purchasing an additional 1,712 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Leverage Shares 2X Long NBIS Daily ETF were worth $69,000 at the end of the most recent reporting period.

Leverage Shares 2X Long NBIS Daily ETF Stock Up 22.5%

NBIG traded up $1.60 on Tuesday, hitting $8.69. 3,994,830 shares of the stock traded hands, compared to its average volume of 1,854,771. Leverage Shares 2X Long NBIS Daily ETF has a 52 week low of $4.51 and a 52 week high of $47.81. The business has a fifty day moving average of $16.00.