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

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) saw a significant increase in short interest in 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. Currently, 16.9% of the company’s stock are short sold. Based on an average daily volume of 2,345,651 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Leverage Shares 2X Long ARM Daily ETF

A hedge fund recently bought a new stake in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management bought a new position in shares of Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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 as of its most recent filing with the Securities & Exchange Commission.

Leverage Shares 2X Long ARM Daily ETF Stock Performance

Shares of Leverage Shares 2X Long ARM Daily ETF stock traded up $4.37 during trading on Thursday, reaching $36.11. The stock had a trading volume of 1,049,192 shares, compared to its average volume of 1,548,395. The stock has a fifty day moving average price of $22.90 and a two-hundred day moving average price of $12.68. Leverage Shares 2X Long ARM Daily ETF has a 52 week low of $4.64 and a 52 week high of $63.63.

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.