Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Short Interest Up 143.3% in July

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 62,172 shares, a growth of 143.3% from the July 15th total of 25,555 shares. Based on an average daily trading volume, of 212,741 shares, the short-interest ratio is presently 0.3 days. Currently, 3.8% of the company’s stock are sold short.

Leverage Shares 2X Long COIN Daily ETF Trading Down 6.8%

Shares of COIG opened at $4.00 on Friday. Leverage Shares 2X Long COIN Daily ETF has a 12 month low of $3.50 and a 12 month high of $52.00. The stock has a fifty day moving average price of $4.82 and a 200-day moving average price of $6.87.

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.