Leverage Shares 2X Long GEMI Daily ETF (GEMG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
8.21 USD
-0.34
(-3.944%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:47 a.m. EDT
This instrument is a leveraged daily ETF designed for short-term trading, making it fundamentally unsuited for long-term holding due to compounding decay, which explains the neutral long-term rating despite the lack of historical price data. The recent price action shows severe volatility and a sharp drop from the fifty-two-week high, with the current price hovering near the lower end of its range. Momentum is clearly negative, as the asset is trading well below its moving averages, confirming a bearish short-term bias. Options data reinforces this view, with traders buying protection at strikes far below the current level while showing little interest in betting on a rally. There is no dividend income to offset these risks. For investors, this is a speculative vehicle for tactical trades rather than a core investment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.195661 |
| AutoETS | 0.195661 |
| MSTL | 0.198479 |
| AutoTheta | 0.682303 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 5.50 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.259 |
| Excess Kurtosis | -1.16 |
As of July 11, 2026, 6:47 a.m. EDT: Speculators are positioned defensively with heavy out-of-the-money put volume at strikes significantly below the current price, indicating a fear of further downside or a 'crash' scenario. Conversely, call activity is sparse and concentrated deep in-the-money, suggesting limited bullish conviction. The implied volatility is elevated on the downside strikes relative to the upside, reflecting asymmetric risk pricing.
| Attribute | Value |
|---|---|
| All Time High | 354.6 |
| All Time Low | 7.07 |
| Ask | 10.29 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 11,960 |
| Average Daily Volume3 Month | 15,836 |
| Average Volume | 15,836 |
| Average Volume10Days | 11,960 |
| Beta3 Year | 0.0 |
| Bid | 6.04 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.37 |
| Day Low | 8.29 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.34282 |
| Fifty Day Average Change | -3.1300201 |
| Fifty Day Average Change Percent | -0.27594727 |
| Fifty Two Week Change Percent | -97.349915 |
| Fifty Two Week High | 354.6 |
| Fifty Two Week High Change | -346.3872 |
| Fifty Two Week High Change Percent | -0.97683924 |
| Fifty Two Week Low | 7.07 |
| Fifty Two Week Low Change | 1.1427999 |
| Fifty Two Week Low Change Percent | 0.1616407 |
| Fifty Two Week Range | 7.07 - 354.6 |
| First Trade Date Milliseconds | 1,762,353,000,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,762,214,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-11-05 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of GEMI, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long GEMI Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1960867674 |
| Nav Price | 8.5137 |
| Net Assets | 583,242.0 |
| Net Expense Ratio | 0.75 |
| Open | 8.6 |
| Previous Close | 8.55 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.33720016 |
| Regular Market Change Percent | -3.9438617 |
| Regular Market Day High | 8.37 |
| Regular Market Day Low | 8.29 |
| Regular Market Day Range | 8.29 - 8.37 |
| Regular Market Open | 8.6 |
| Regular Market Previous Close | 8.55 |
| Regular Market Price | 8.2128 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 3,894 |
| Short Name | Leverage Shares 2X Long GEMI Da |
| Source Interval | 15 |
| Symbol | GEMG |
| Total Assets | 583,242 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -26.58707 |
| Trailing Three Month Returns | -26.58707 |
| Triggerable | 1 |
| Two Hundred Day Average | 56.948975 |
| Two Hundred Day Average Change | -48.736176 |
| Two Hundred Day Average Change Percent | -0.8557867 |
| Type Disp | ETF |
| Volume | 3,894 |
| Ytd Return | -89.94225 |