Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) Stock Short Interest Falls 55.8%

Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 389,215 shares, a drop of 55.8% from the September 30th total of 880,724 shares. Based on an average trading volume of 2,337,733 shares, the days-to-cover ratio is currently 0.2 days. Approximately 5.4% of the company’s shares are short sold.

Leverage Shares 2x Long ADBE Daily ETF Stock Up 3.2%

Shares of NASDAQ:ADBG traded up $0.12 during midday trading on Friday, reaching $4.00. 1,088,539 shares of the company’s stock were exchanged, compared to its average volume of 3,710,582. Leverage Shares 2x Long ADBE Daily ETF has a fifty-two week low of $2.60 and a fifty-two week high of $11.03. The firm’s 50 day simple moving average is $4.25 and its two-hundred day simple moving average is $4.67.

Institutional Investors Weigh In On Leverage Shares 2x Long ADBE Daily ETF

An institutional investor recently bought a new position in Leverage Shares 2x Long ADBE Daily ETF stock. Cygnus Capital Advisors LLC acquired a new stake in Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 281,375 shares of the company’s stock, valued at approximately $841,000. Cygnus Capital Advisors LLC owned approximately 2.87% of Leverage Shares 2x Long ADBE Daily ETF as of its most recent SEC filing.

About Leverage Shares 2x Long ADBE Daily ETF

Themes ETF Trust – Leverage Shares 2x Long ADBE Daily ETF (ADBG) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.