Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG) Sees Large Increase in Short Interest

Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 2,308,622 shares, an increase of 582.1% from the September 30th total of 338,435 shares. Based on an average daily trading volume, of 3,180,614 shares, the days-to-cover ratio is currently 0.7 days. Currently, 21.9% of the shares of the stock are sold short.

Leverage Shares 2X Long NBIS Daily ETF Stock Performance

Shares of NASDAQ:NBIG traded up $1.60 during midday trading on Tuesday, reaching $8.69. 3,994,830 shares of the company’s stock were exchanged, compared to its average volume of 1,854,771. The business has a 50 day moving average price of $16.00. Leverage Shares 2X Long NBIS Daily ETF has a 12 month low of $4.51 and a 12 month high of $47.81.

Institutional Trading of Leverage Shares 2X Long NBIS Daily ETF

An institutional investor recently raised its stake in Leverage Shares 2X Long NBIS Daily ETF stock. SBI Securities Co. Ltd. lifted its stake in Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG) by 82.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,799 shares of the company’s stock after buying an additional 1,712 shares during the period. SBI Securities Co. Ltd.’s holdings in Leverage Shares 2X Long NBIS Daily ETF were worth $69,000 at the end of the most recent reporting period.