Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Short Interest Update

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 567,178 shares, an increase of 300.9% from the May 14th total of 141,464 shares. Based on an average daily volume of 2,345,651 shares, the short-interest ratio is presently 0.2 days. Approximately 16.9% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management purchased a new stake in Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,000 shares of the company’s stock, valued at approximately $28,000. Hollencrest Capital Management owned approximately 0.10% of Leverage Shares 2X Long ARM Daily ETF at the end of the most recent reporting period.

Leverage Shares 2X Long ARM Daily ETF Stock Up 13.8%

Shares of Leverage Shares 2X Long ARM Daily ETF stock traded up $4.37 during trading on Thursday, reaching $36.11. 1,049,192 shares of the company were exchanged, compared to its average volume of 1,548,395. Leverage Shares 2X Long ARM Daily ETF has a twelve month low of $4.64 and a twelve month high of $63.63. The business has a 50-day moving average price of $22.90 and a 200-day moving average price of $12.68.

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.