Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Shares Down 7.9% – Should You Sell?

Shares of Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG – Get Free Report) were down 7.9% during trading on Tuesday . The stock traded as low as $4.54 and last traded at $4.88. Approximately 171,895 shares traded hands during trading, an increase of 47% from the average daily volume of 117,109 shares. The stock had previously closed at $5.30.

Leverage Shares 2X Long COIN Daily ETF Stock Performance

The company’s 50-day simple moving average is $7.44 and its 200 day simple moving average is $11.00.

About Leverage Shares 2X Long COIN Daily ETF

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The Leverage Shares 2X Long COIN Daily ETF (COIG) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide 2x leveraged exposure to the daily price movement of COIN stock, less fees, and expenses. The fund uses derivatives to pursue its objective, holdings are used as collateral. COIG was launched on Mar 14, 2025 and is issued by Leverage Shares.

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