Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Sees Large Decrease in Short Interest

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 141,464 shares, a decline of 60.2% from the April 30th total of 355,114 shares. Approximately 4.2% of the company’s stock are short sold. Based on an average daily volume of 3,359,526 shares, the short-interest ratio is currently 0.0 days.

Leverage Shares 2X Long ARM Daily ETF Price Performance

Shares of ARMG traded up $14.14 during midday trading on Monday, hitting $58.50. The company had a trading volume of 4,555,000 shares, compared to its average volume of 1,496,520. The company’s 50 day moving average price is $16.75 and its 200 day moving average price is $10.60. Leverage Shares 2X Long ARM Daily ETF has a 52 week low of $4.64 and a 52 week high of $61.35.

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) in the 4th quarter, according to its most recent disclosure with the SEC. The fund 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 filing with the SEC.

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.