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

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

Leverage Shares 2X Long COIN Daily ETF Stock Performance

Shares of COIG traded down $0.81 during midday trading on Monday, hitting $7.19. 132,983 shares of the company’s stock traded hands, compared to its average volume of 112,681. Leverage Shares 2X Long COIN Daily ETF has a 1 year low of $4.97 and a 1 year high of $71.99. The firm’s fifty day moving average is $8.28 and its 200-day moving average is $13.86.

Leverage Shares 2X Long COIN Daily ETF Company Profile

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.