Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG) Sees Large Growth in Short Interest

by · The Markets Daily

Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 168,863 shares, an increase of 1,073.1% from the June 15th total of 14,395 shares. Approximately 18.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 156,492 shares, the days-to-cover ratio is currently 1.1 days.

Leverage Shares 2X Long MP Daily ETF Price Performance

Leverage Shares 2X Long MP Daily ETF stock traded up $0.07 during mid-day trading on Friday, hitting $5.08. 85,640 shares of the company were exchanged, compared to its average volume of 98,515. Leverage Shares 2X Long MP Daily ETF has a 12-month low of $4.37 and a 12-month high of $13.56. The firm has a market cap of $4.57 million, a P/E ratio of 3.53 and a beta of -10.02. The firm has a 50 day moving average price of $7.20.

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