Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 380,643 shares, a decrease of 48.0% from the September 30th total of 731,496 shares. Approximately 6.9% of the shares of the company are sold short. Based on an average daily volume of 1,358,661 shares, the short-interest ratio is presently 0.3 days.
Leverage Shares 2X Long ARM Daily ETF Trading Down 20.2%
Leverage Shares 2X Long ARM Daily ETF stock traded down $2.51 during midday trading on Friday, hitting $9.93. 910,723 shares of the company’s stock were exchanged, compared to its average volume of 1,352,281. Leverage Shares 2X Long ARM Daily ETF has a 12-month low of $4.64 and a 12-month high of $65.95. The firm’s 50 day simple moving average is $17.40 and its 200 day simple moving average is $18.73.
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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