Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Stock Short Interest Falls 64.7%

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 35,246 shares, a drop of 64.7% from the August 31st total of 99,819 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily volume of 173,683 shares, the days-to-cover ratio is currently 0.2 days.

Leverage Shares 2X Long COIN Daily ETF Price Performance

Shares of COIG traded down $0.12 during trading hours on Tuesday, hitting $5.83. The company’s stock had a trading volume of 43,912 shares, compared to its average volume of 141,747. The business has a 50 day simple moving average of $5.19 and a two-hundred day simple moving average of $6.29. Leverage Shares 2X Long COIN Daily ETF has a 52-week low of $3.50 and a 52-week high of $52.00.

About Leverage Shares 2X Long COIN Daily ETF

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.