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

by · The Markets Daily

Leverage Shares 2X Long MP Daily ETF (NASDAQ:MPG – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 45,522 shares, a decline of 54.8% from the September 30th total of 100,764 shares. Based on an average trading volume of 260,278 shares, the short-interest ratio is currently 0.2 days. Approximately 3.4% of the company’s stock are short sold.

Leverage Shares 2X Long MP Daily ETF Trading Down 10.9%

MPG traded down $0.30 during midday trading on Friday, reaching $2.46. The company’s stock had a trading volume of 224,681 shares, compared to its average volume of 161,904. The firm has a market capitalization of $3.37 million, a price-to-earnings ratio of 1.71 and a beta of 9.69. Leverage Shares 2X Long MP Daily ETF has a 1 year low of $2.22 and a 1 year high of $13.40. The stock’s 50-day moving average is $3.88 and its 200-day moving average is $5.52.

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