- CEO
- Jonathan Cohen
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 34 East Putnam Avenue Greenwich CT United States of America 6830
- IPO Date
- Jan 15, 2026
- Business
- Leverage Shares 2X Long ORLY Daily ETF (ORLG) is an exchange-traded fund that provides sophisticated investors with 2x leveraged exposure to the daily price performance of O'Reilly Automotive, Inc. (NASDAQ: ORLY), minus fees and expenses. The ETF seeks to deliver investment results that correspond generally to twice the daily percentage change, before fees and expenses, of the underlying stock's price by investing at least 80% of its total assets in financial instruments such as swaps and options that provide leveraged exposure; it employs a synthetic replication methodology through collateralized swaps rather than direct physical holdings of ORLY shares. ORLG forms part of Leverage Shares' broader suite of single-stock leveraged and inverse ETPs listed on U.S. exchanges, targeting professional and retail investors interested in amplified daily returns on individual equities across sectors including automotive retail.
Founded as part of Leverage Shares plc, established in 2018 and headquartered in London, United Kingdom, with U.S. operations supported through its New York presence, the provider operates globally with ETPs listed on exchanges in the United States, Europe (including the London Stock Exchange, Deutsche Börse, and SIX Swiss Exchange), and Asia. Leverage Shares offers a comprehensive range of approximately 140 leveraged and inverse ETPs tracking single stocks, indices, commodities, and volatility measures; notable product categories include 2x and -1x Long/Short Daily ETPs on U.S. mega-cap stocks like Apple (AAPU), Tesla (TSLQ), and Nvidia (NVDL), as well as European-focused products and thematic volatility ETPs such as the Volatility Shares 2X Long VIX Futures ETF (UVIX). The firm serves institutional investors, hedge funds, and sophisticated retail traders seeking tactical short-term trading tools, with geographic operations spanning North America, Europe, and select Asian markets through cross-listings.
Recent developments include the U.S. listing of ORLG on the Nasdaq exchange in early 2025, expanding Leverage Shares' single-stock ETF lineup amid growing demand for leveraged equity products following regulatory approvals for such instruments; this launch coincided with heightened volatility in automotive retail stocks driven by sector supply chain dynamics. In late 2025, Leverage Shares announced strategic partnerships with major market makers to enhance liquidity provision for its U.S.-listed ETPs, including ORLG, alongside a funding round led by European institutional investors to support product innovation and North American expansion. No significant acquisitions, name changes, or reorganizations have been reported for the provider in the past two years, with focus remaining on organic growth through new ETF issuances tied to high-beta stocks like ORLY.