Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) Shares Shorted: Short Interest Down 55.8% in October

Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 389,215 shares, a decrease of 55.8% from the September 30th total of 880,724 shares. Approximately 5.4% of the company’s stock are short sold. Based on an average daily volume of 2,337,733 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Leverage Shares 2x Long ADBE Daily ETF stock. Cygnus Capital Advisors LLC bought a new position in shares of Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 281,375 shares of the company’s stock, valued at approximately $841,000. Cygnus Capital Advisors LLC owned about 2.87% of Leverage Shares 2x Long ADBE Daily ETF at the end of the most recent reporting period.

Leverage Shares 2x Long ADBE Daily ETF Stock Performance

ADBG stock traded up $0.12 during mid-day trading on Friday, reaching $4.00. The company had a trading volume of 1,088,539 shares, compared to its average volume of 3,710,582. The stock’s 50-day simple moving average is $4.25 and its two-hundred day simple moving average is $4.67. Leverage Shares 2x Long ADBE Daily ETF has a one year low of $2.60 and a one year high of $11.03.

Leverage Shares 2x Long ADBE Daily ETF Company Profile

Themes ETF Trust – Leverage Shares 2x Long ADBE Daily ETF (ADBG) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.