Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Get Free Report) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,325,156 shares, a growth of 248.1% from the October 15th total of 380,643 shares. Approximately 27.0% of the shares of the company are short sold. Based on an average daily trading volume, of 751,372 shares, the days-to-cover ratio is presently 1.8 days.
Leverage Shares 2X Long ARM Daily ETF Stock Down 3.7%
Shares of Leverage Shares 2X Long ARM Daily ETF stock traded down $0.34 during trading on Thursday, hitting $8.87. 341,330 shares of the stock were exchanged, compared to its average volume of 1,339,297. Leverage Shares 2X Long ARM Daily ETF has a 12 month low of $4.64 and a 12 month high of $65.95. The stock’s fifty day moving average is $16.11 and its 200 day moving average is $18.83.
About Leverage Shares 2X Long ARM Daily ETF
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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