Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Short Interest Down 60.2% in May

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) saw a significant 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. Currently, 4.2% of the company’s shares are sold short. Based on an average daily volume of 3,359,526 shares, the short-interest ratio is presently 0.0 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 stake in Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 reporting period.

Leverage Shares 2X Long ARM Daily ETF Stock Performance

NASDAQ:ARMG opened at $44.36 on Friday. The stock’s 50-day moving average is $16.75 and its 200-day moving average is $10.61. Leverage Shares 2X Long ARM Daily ETF has a 1-year low of $4.64 and a 1-year high of $45.07.

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.