Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 380,643 shares, a drop of 48.0% from the September 30th total of 731,496 shares. Approximately 6.9% of the shares of the stock are sold short. Based on an average trading volume of 1,358,661 shares, the days-to-cover ratio is presently 0.3 days.
Leverage Shares 2X Long ARM Daily ETF Stock Performance
ARMG traded down $0.24 during trading on Monday, hitting $9.69. 502,353 shares of the company’s stock were exchanged, compared to its average volume of 1,348,174. The business’s 50 day moving average is $17.40 and its two-hundred day moving average is $18.73. Leverage Shares 2X Long ARM Daily ETF has a fifty-two week low of $4.64 and a fifty-two week high of $65.95.
Leverage Shares 2X Long ARM Daily ETF Company Profile
The Leverage Shares 2X Long ARM Daily ETF (ARMG) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of ARM Holdings stock, less fees, and expenses. ARMG was launched on Jan 14, 2025 and is issued by Leverage Shares.
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