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

Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPGGet Free Report) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 29,705 shares, a decrease of 80.0% from the July 30th total of 148,248 shares. Approximately 3.0% of the company’s shares are short sold. Based on an average daily volume of 455,864 shares, the days-to-cover ratio is currently 0.1 days.

Leverage Shares 2X Long MP Daily ETF Stock Down 3.9%

MPG traded down $0.24 during midday trading on Wednesday, reaching $5.93. 190,238 shares of the company were exchanged, compared to its average volume of 139,044. The firm has a market cap of $5.81 million, a PE ratio of 4.12 and a beta of 12.65. Leverage Shares 2X Long MP Daily ETF has a one year low of $2.57 and a one year high of $13.56. The company’s 50-day simple moving average is $4.95.

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