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

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,293,954 shares, a growth of 128.1% from the May 31st total of 567,178 shares. Based on an average daily trading volume, of 2,628,964 shares, the days-to-cover ratio is presently 0.5 days. Approximately 38.6% of the shares of the stock are short sold.

Leverage Shares 2X Long ARM Daily ETF Price Performance

Shares of ARMG stock traded up $2.50 during trading hours on Monday, reaching $37.60. The company had a trading volume of 1,040,889 shares, compared to its average volume of 1,586,437. Leverage Shares 2X Long ARM Daily ETF has a 12-month low of $4.64 and a 12-month high of $65.95. The stock has a fifty day moving average of $32.25 and a 200-day moving average of $16.00.

Institutional Trading of Leverage Shares 2X Long ARM Daily ETF

A hedge fund recently bought a new position in Leverage Shares 2X Long ARM Daily ETF stock. Hollencrest Capital Management purchased a new stake in shares of Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,000 shares of the company’s stock, valued at approximately $28,000. Hollencrest Capital Management owned about 0.10% of Leverage Shares 2X Long ARM Daily ETF at the end of the most recent quarter.

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.