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) saw a large decrease in short interest in 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 shares of the stock are sold short. Based on an average daily volume of 2,337,733 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Leverage Shares 2x Long ADBE Daily ETF stock. Cygnus Capital Advisors LLC bought a new position in Leverage Shares 2x Long ADBE Daily ETF (NASDAQ:ADBG) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 281,375 shares of the company’s stock, valued at approximately $841,000. Cygnus Capital Advisors LLC owned approximately 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 $0.07 during mid-day trading on Friday, reaching $3.95. 2,430,899 shares of the company’s stock were exchanged, compared to its average volume of 3,717,349. Leverage Shares 2x Long ADBE Daily ETF has a 12-month low of $2.60 and a 12-month high of $11.03. The stock’s 50 day moving average is $4.23 and its 200 day moving average is $4.64.

About Leverage Shares 2x Long ADBE Daily ETF

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.