Short Interest in Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Decreases By 39.2%

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 90,781 shares, a decline of 39.2% from the April 15th total of 149,366 shares. Approximately 9.5% of the company’s shares are short sold. Based on an average daily volume of 81,082 shares, the days-to-cover ratio is presently 1.1 days.

Leverage Shares 2X Long COIN Daily ETF Stock Down 16.0%

Leverage Shares 2X Long COIN Daily ETF stock traded down $1.52 during mid-day trading on Friday, reaching $8.00. 444,582 shares of the company traded hands, compared to its average volume of 111,615. The firm’s 50 day moving average price is $8.28 and its 200 day moving average price is $14.05. Leverage Shares 2X Long COIN Daily ETF has a 52-week low of $4.97 and a 52-week high of $71.99.

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.