Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Get Free Report) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 1,325,156 shares, an increase of 248.1% from the October 15th total of 380,643 shares. Approximately 27.0% of the company’s stock are sold short. Based on an average trading volume of 751,372 shares, the short-interest ratio is currently 1.8 days.
Leverage Shares 2X Long ARM Daily ETF Price Performance
Shares of NASDAQ ARMG traded down $0.34 during mid-day trading on Thursday, reaching $8.87. The company had a trading volume of 341,330 shares, compared to its average volume of 1,339,297. The stock has a fifty day moving average of $16.11 and a two-hundred day moving average of $18.83. Leverage Shares 2X Long ARM Daily ETF has a 12-month low of $4.64 and a 12-month high of $65.95.
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.
Recommended Stories
- Five stocks we like better than Leverage Shares 2X Long ARM Daily ETF
- 3 Pharmaceutical Stocks That Offer Safety and Growth
- If Japan’s Stock Market Rally Returns, These 3 ETFs Could Benefit
- CoreWeave’s Backlog Is Surging—Can the Stock Follow?
- Tesla’s Plan to End Cybertruck Reveals Its Real Priorities
Receive News & Ratings for Leverage Shares 2X Long ARM Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leverage Shares 2X Long ARM Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
