Short Interest in Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG) Drops By 48.6%

Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 15,265 shares, a decrease of 48.6% from the August 15th total of 29,705 shares. Based on an average trading volume of 246,071 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.6% of the shares of the company are short sold.

Leverage Shares 2X Long MP Daily ETF Stock Performance

NASDAQ MPG traded down $0.04 on Wednesday, reaching $4.01. 183,693 shares of the company’s stock traded hands, compared to its average volume of 142,546. The stock has a market cap of $4.01 million, a price-to-earnings ratio of 2.78 and a beta of 12.57. The business has a 50 day moving average of $4.61. Leverage Shares 2X Long MP Daily ETF has a fifty-two week low of $2.57 and a fifty-two week high of $13.56.

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