Leverage Shares 2X Long CRM Daily ETF (CRMG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
4.83 USD
+0.43
(9.773%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.77 -0.06 (-0.059%) ⇩ (July 13, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:49 a.m. EDT
This instrument is a leveraged daily ETF designed to mimic 2x the daily moves of Salesforce (CRM), but the underlying asset has suffered a catastrophic multi-year decline, dropping from roughly $14.28 to under $4.50. This represents a loss of nearly 70% in value over the trailing period, which is the primary driver of the poor long-term outlook. The leverage mechanism acts as a compounding force against this structural decline, making recovery mathematically difficult without a massive, sustained reversal in the underlying stock. With zero dividends and no recent news catalysts, there is no income floor to support the price. On the short end, the heavy put open interest confirms that market participants expect further weakness, and the statistical forecast model offers no bullish edge. The price is trading well below its 50-day and 200-day averages, reinforcing the bearish technical structure. There is no compelling case for a near-term bounce given the weight of the downtrend. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.210687 |
| AutoTheta | 0.210821 |
| AutoARIMA | 0.212235 |
| MSTL | 0.213709 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 7.58 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.309 |
| Excess Kurtosis | -0.21 |
As of July 11, 2026, 6:49 a.m. EDT: Speculators are positioning for a continued downtrend, evidenced by significantly higher Open Interest in out-of-the-money puts compared to calls across all expirations. While there is some call volume at strikes like $12.00 and $8.00, the dominant strategy involves selling calls or holding deep puts, suggesting a bearish bias. Implied volatility is elevated on the put side relative to the call side, indicating fear of further downside.
| Attribute | Value |
|---|---|
| All Time High | 19.41 |
| All Time Low | 3.65 |
| Ask | 4.83 |
| Ask Size | 3 |
| Average Daily Volume10 Day | 4,013,080 |
| Average Daily Volume3 Month | 2,891,914 |
| Average Volume | 2,891,914 |
| Average Volume10Days | 4,013,080 |
| Beta3 Year | 0.0 |
| Bid | 3.48 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.9099 |
| Day Low | 4.49 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.1348 |
| Fifty Day Average Change | -0.30480003 |
| Fifty Day Average Change Percent | -0.05935967 |
| Fifty Two Week Change Percent | -69.78022 |
| Fifty Two Week High | 16.04 |
| Fifty Two Week High Change | -11.210001 |
| Fifty Two Week High Change Percent | -0.6988778 |
| Fifty Two Week Low | 3.65 |
| Fifty Two Week Low Change | 1.1799998 |
| Fifty Two Week Low Change Percent | 0.3232876 |
| Fifty Two Week Range | 3.65 - 16.04 |
| First Trade Date Milliseconds | 1,743,773,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,770,595,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-04-04 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of CRM, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long CRM Daily ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1918143091 |
| Nav Price | 4.3649 |
| Net Assets | 49,015,032.0 |
| Net Expense Ratio | 0.78 |
| Open | 4.49 |
| Post Market Change | -0.05919981 |
| Post Market Change Percent | -1.2256689 |
| Post Market Price | 4.7708 |
| Post Market Time | 1,783,987,041 |
| Previous Close | 4.4 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.43 |
| Regular Market Change Percent | 9.77272 |
| Regular Market Day High | 4.9099 |
| Regular Market Day Low | 4.49 |
| Regular Market Day Range | 4.49 - 4.9099 |
| Regular Market Open | 4.49 |
| Regular Market Previous Close | 4.4 |
| Regular Market Price | 4.83 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 6,817,113 |
| Short Name | Leverage Shares 2X Long CRM Dai |
| Source Interval | 15 |
| Symbol | CRMG |
| Total Assets | 49,015,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -35.12595 |
| Trailing Three Month Returns | -35.12595 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.663285 |
| Two Hundred Day Average Change | -3.8332853 |
| Two Hundred Day Average Change Percent | -0.44247478 |
| Type Disp | ETF |
| Volume | 6,817,113 |
| Ytd Return | -0.6805252 |