Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Stock Short Interest Jumps 292.3%

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 116,343 shares, a growth of 292.3% from the September 30th total of 29,657 shares. Based on an average daily trading volume, of 145,402 shares, the short-interest ratio is presently 0.8 days. Approximately 7.0% of the company’s stock are short sold.

Leverage Shares 2X Long COIN Daily ETF Price Performance

NASDAQ:COIG traded down $1.08 during midday trading on Friday, hitting $2.94. 113,870 shares of the company were exchanged, compared to its average volume of 140,368. The company has a fifty day simple moving average of $5.37 and a 200 day simple moving average of $6.86. Leverage Shares 2X Long COIN Daily ETF has a fifty-two week low of $2.94 and a fifty-two week high of $40.18.

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.