Leverage Shares Files 1X Short Daily ETF on Databricks Stock

The Leverage Shares 1X Short Databricks Daily ETF is designed to deliver -100% of Databricks' daily share price performance before fees and expenses. Databricks is a cloud-based data and artificial intelligence company whose Data Intelligence Platform helps organizations manage data and build AI applications. The ETF will primarily use swaps and listed options, with limited direct holdings of Databricks stock, and will rebalance its inverse exposure daily. Because of daily compounding, returns over periods longer than one day may differ significantly from the inverse of the stock's cumulative return.