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

Leverage Shares 2X Long NBIS Daily ETF (NASDAQ:NBIG – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 706,828 shares, a decrease of 55.6% from the August 31st total of 1,591,987 shares. Based on an average trading volume of 1,693,658 shares, the days-to-cover ratio is presently 0.4 days. Approximately 10.7% of the shares of the stock are short sold.

Leverage Shares 2X Long NBIS Daily ETF Stock Performance

Shares of NASDAQ NBIG traded up $0.33 during midday trading on Wednesday, reaching $18.80. 2,085,470 shares of the company traded hands, compared to its average volume of 1,610,237. Leverage Shares 2X Long NBIS Daily ETF has a 12 month low of $4.51 and a 12 month high of $47.81. The business’s 50-day moving average price is $17.01.

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