Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIG) Stock Price Down 14.9% – Time to Sell?

Leverage Shares 2X Long COIN Daily ETF (NASDAQ:COIGGet Free Report) shares fell 14.9% on Thursday . The company traded as low as $26.50 and last traded at $26.60. 78,769 shares were traded during mid-day trading, an increase of 70% from the average session volume of 46,238 shares. The stock had previously closed at $31.26.

Leverage Shares 2X Long COIN Daily ETF Stock Up 9.1%

The stock’s fifty day simple moving average is $36.25 and its two-hundred day simple moving average is $35.34.

Leverage Shares 2X Long COIN Daily ETF Company Profile

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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.

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