Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Short Interest Down 39.1% in June

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 787,683 shares, a decrease of 39.1% from the June 15th total of 1,293,954 shares. Based on an average daily volume of 1,585,917 shares, the short-interest ratio is currently 0.5 days. Currently, 23.9% of the shares of the stock are sold short.

Leverage Shares 2X Long ARM Daily ETF Trading Up 4.0%

NASDAQ:ARMG traded up $0.82 during trading hours on Friday, reaching $21.40. 915,789 shares of the company’s stock were exchanged, compared to its average volume of 1,531,025. Leverage Shares 2X Long ARM Daily ETF has a 12 month low of $4.64 and a 12 month high of $65.95. The business’s 50-day simple moving average is $36.18 and its two-hundred day simple moving average is $18.25.

Hedge Funds Weigh In On Leverage Shares 2X Long ARM Daily ETF

An institutional investor recently bought a new stake 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) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,000 shares of the company’s stock, valued at approximately $28,000. Hollencrest Capital Management owned 0.10% of Leverage Shares 2X Long ARM Daily ETF as of its most recent SEC filing.

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.