Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Sees Significant Decrease in Short Interest

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 24,806 shares, a drop of 81.7% from the June 15th total of 135,281 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average daily volume of 132,992 shares, the days-to-cover ratio is currently 0.2 days.

Leverage Shares 2X Long COIN Daily ETF Price Performance

Shares of NASDAQ COIG traded up $0.03 during trading on Friday, hitting $4.87. 139,361 shares of the company traded hands, compared to its average volume of 120,850. The business’s fifty day moving average is $6.28 and its 200 day moving average is $8.80. Leverage Shares 2X Long COIN Daily ETF has a fifty-two week low of $3.82 and a fifty-two 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.