Leverage Shares 2X Long MP Daily ETF (MPG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
4.56 USD
-0.52
(-10.148%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.50 -0.06 (-0.064%) ⇩ (July 13, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:59 a.m. EDT
The 2x leveraged nature of this instrument is currently working against it, trapping investors who bought the dip. Price action over the last two weeks shows a relentless grind lower, closing near the 52-week low of 4.37 and failing to reclaim key moving averages. The technical setup is dire, with the price trading significantly below both the 50-day and 200-day averages, confirming a strong downtrend. While the statistical forecasting model suggests a slight negative drift, its extremely low reliability makes it useless here; the real story is the structural decay visible in the daily chart and the heavy put writing by speculators hedging against further losses. With no dividends to offset the drag and a lack of any fundamental catalyst to reverse the trend, this remains a high-risk speculative vehicle for short-term traders looking to fade the trend, but a clear avoid for anyone seeking capital preservation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.293164 |
| AutoETS | 0.323849 |
| AutoARIMA | 0.330270 |
| MSTL | 0.357226 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 5.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.258 |
| Excess Kurtosis | -1.08 |
As of July 11, 2026, 5:59 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by significant open interest in out-of-the-money puts (strikes 4.0 and 6.0) compared to negligible call activity. The implied volatility skew favors puts, indicating a market consensus expecting continued weakness or a sharp drop rather than a rally.
| Attribute | Value |
|---|---|
| All Time High | 13.56 |
| All Time Low | 4.37 |
| Ask | 5.74 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 216,830 |
| Average Daily Volume3 Month | 141,924 |
| Average Volume | 141,924 |
| Average Volume10Days | 216,830 |
| Beta3 Year | 0.0 |
| Bid | 3.58 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.9 |
| Day Low | 4.45 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.31956 |
| Fifty Day Average Change | -2.7550602 |
| Fifty Day Average Change Percent | -0.37639695 |
| Fifty Two Week Change Percent | -60.293663 |
| Fifty Two Week High | 13.56 |
| Fifty Two Week High Change | -8.995501 |
| Fifty Two Week High Change Percent | -0.663385 |
| Fifty Two Week Low | 4.37 |
| Fifty Two Week Low Change | 0.19449997 |
| Fifty Two Week Low Change Percent | 0.044508003 |
| Fifty Two Week Range | 4.37 - 13.56 |
| First Trade Date Milliseconds | 1,761,571,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,761,264,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-27 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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 MP, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long MP Daily ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1959745977 |
| Nav Price | 4.9842 |
| Net Assets | 4,371,748.0 |
| Net Expense Ratio | 0.76 |
| Open | 4.9 |
| Post Market Change | -0.064499855 |
| Post Market Change Percent | -1.413076 |
| Post Market Price | 4.5 |
| Post Market Time | 1,783,987,071 |
| Previous Close | 5.08 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.51550007 |
| Regular Market Change Percent | -10.147639 |
| Regular Market Day High | 4.9 |
| Regular Market Day Low | 4.45 |
| Regular Market Day Range | 4.45 - 4.9 |
| Regular Market Open | 4.9 |
| Regular Market Previous Close | 5.08 |
| Regular Market Price | 4.5645 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 81,906 |
| Short Name | Leverage Shares 2X Long MP Dail |
| Source Interval | 15 |
| Symbol | MPG |
| Total Assets | 4,371,748 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 15.20222 |
| Trailing Three Month Returns | 15.20222 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.338427 |
| Two Hundred Day Average Change | -3.7739267 |
| Two Hundred Day Average Change Percent | -0.45259458 |
| Type Disp | ETF |
| Volume | 81,906 |
| Ytd Return | -11.77648 |