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Leverage Shares 2X Long NBIS Daily ETF (NBIG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
15.01 USD -1.38 (-8.392%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 15.00 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:51 a.m. EDT

This is a classic leveraged ETF in distress, characterized by severe decay and a lack of any underlying business quality to support a long-term hold. The price history confirms a brutal reality: despite a recent spike, the asset has lost nearly 65% of its value over the trailing period, trading at a fraction of its 52-week high. The absence of any dividend history and the complete lack of multi-year price anchors confirm this is a speculative vehicle, not an investment. The options data reveals that smart money isn't trying to pick a side; instead, they are buying insurance against a potential 200% swing in either direction within the next year, acknowledging the high probability of further erosion due to compounding drag. With very low statistical forecast confidence and no fundamental floor, the only rational play is to avoid this instrument entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.480337
AutoETS0.480519
MSTL0.532287
AutoTheta0.544690

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 23%
H-stat 16.97
Ljung-Box p 0.000
Jarque-Bera p 0.535
Excess Kurtosis -0.80

As of Aug. 22, 2026, 5:51 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional outcome. In the near term (Sept 2026), there is heavy open interest concentration at deep out-of-the-money strikes (8 and 9 for calls; 6 for puts), suggesting bets on a massive gap event. However, the most significant flow is in February 2027, where massive volume and open interest walls exist at strikes 40-65 for both calls and puts. This indicates a 'straddle' or 'strangle' strategy where traders are betting on a 200%+ move in either direction, reflecting a belief that the underlying asset will experience a binary resolution or catastrophic divergence.


Info Dump

Attribute Value
All Time High 47.81
All Time Low 4.51
Ask 23.46
Ask Size 2
Average Daily Volume10 Day 2,175,020
Average Daily Volume3 Month 2,214,480
Average Volume 2,214,480
Average Volume10Days 2,175,020
Beta3 Year 0.0
Bid 14.71
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 15.7699
Day Low 14.4401
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.4978
Fifty Day Average Change -6.4878006
Fifty Day Average Change Percent -0.30178905
Fifty Two Week Change Percent -12.211954
Fifty Two Week High 47.81
Fifty Two Week High Change -32.800003
Fifty Two Week High Change Percent -0.686049
Fifty Two Week Low 4.51
Fifty Two Week Low Change 10.5
Fifty Two Week Low Change Percent 2.3281596
Fifty Two Week Range 4.51 - 47.81
First Trade Date Milliseconds 1,761,571,800,000
Full Exchange Name NasdaqGM
Fullday Change -1.375
Fullday Change Percent -8.39182
Fullday Price 15.0
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 NBIS, consistent with the fund’s investment objective. It is non-diversified.
Long Name Leverage Shares 2X Long NBIS Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1960876588
Nav Price 16.4034
Net Assets 90,374,032.0
Net Expense Ratio 0.76
Open 15.405
Post Market Change -0.010000229
Post Market Change Percent -0.06662378
Post Market Price 15.0
Post Market Time 1,787,961,533
Previous Close 16.385
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.375
Regular Market Change Percent -8.39182
Regular Market Day High 15.7699
Regular Market Day Low 14.4401
Regular Market Day Range 14.4401 - 15.7699
Regular Market Open 15.405
Regular Market Previous Close 16.385
Regular Market Price 15.01
Regular Market Time 1,787,947,200
Regular Market Volume 1,619,755
Short Name Leverage Shares 2X Long NBIS Da
Source Interval 15
Symbol NBIG
Total Assets 90,374,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 18.72821
Trailing Three Month Returns 18.72821
Triggerable 1
Two Hundred Day Average 15.162875
Two Hundred Day Average Change -0.15287495
Two Hundred Day Average Change Percent -0.010082187
Type Disp ETF
Volume 1,619,755
Ytd Return 126.52256