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

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 99,819 shares, an increase of 143.3% from the August 15th total of 41,032 shares. Currently, 6.2% of the company’s stock are sold short. Based on an average daily volume of 235,510 shares, the short-interest ratio is currently 0.4 days.

Leverage Shares 2X Long COIN Daily ETF Stock Performance

Shares of COIG traded up $0.84 during midday trading on Monday, hitting $6.04. 190,158 shares of the company’s stock traded hands, compared to its average volume of 140,695. Leverage Shares 2X Long COIN Daily ETF has a 1 year low of $3.50 and a 1 year high of $52.00. The firm’s fifty day moving average is $4.99 and its 200-day moving average is $6.50.

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.