Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Shares Down 14.9% – Time to Sell?

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIGGet Free Report) shares traded down 14.9% during trading on Thursday . The stock traded as low as $26.50 and last traded at $26.60. 78,769 shares changed hands during mid-day trading, an increase of 70% from the average session volume of 46,238 shares. The stock had previously closed at $31.26.

Leverage Shares 2X Long COIN Daily ETF Price Performance

The business has a 50-day moving average of $36.30 and a 200 day moving average of $35.10.

About Leverage Shares 2X Long COIN Daily ETF

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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.

Further Reading

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