Leverage Shares 2x Long UEC Daily ETF (UECG) is an exchange-traded fund that provides 2x leveraged exposure to the daily price performance of the shares of Energy Fuels Inc. (UEC), a leading U.S.-based uranium and rare earth elements producer, less fees and expenses. The ETF employs swap agreements and other financial derivative instruments to achieve its investment objective of delivering magnified returns corresponding to twice the daily percentage change of UEC's common stock; it does not invest directly in UEC shares or other securities. Leverage Shares offers a suite of similar leveraged and inverse ETPs tracking individual equities, including 2x Long and Short variants across technology, energy, consumer, and financial sectors, listed on exchanges such as the London Stock Exchange, Deutsche Börse, and Milan Stock Exchange.
Founded in 2018 and headquartered in London, United Kingdom, Leverage Shares (the issuer and manager) operates primarily in Europe with products available to professional and retail investors through major brokerage platforms across the European Economic Area, United Kingdom, and select international markets. The company targets sophisticated investors seeking tactical, short-term trading opportunities in volatile single-stock names via physically backed or synthetic replication structures compliant with UCITS regulations. No major acquisitions, funding rounds, or strategic alliances involving Leverage Shares or UECG have been publicly announced in the past two years; the firm continues to expand its product lineup organically, with ongoing launches of new leveraged ETPs on high-profile equities amid sustained interest in thematic sectors like clean energy and critical minerals.