Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Stock Price Down 13.5% – Here’s What Happened

Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG – Get Free Report) traded down 13.5% during mid-day trading on Wednesday. The company traded as low as $13.81 and last traded at $13.89. Approximately 1,221,747 shares were traded during trading, a decline of 12% from the average session volume of 1,385,055 shares. The stock had previously closed at $16.05.

Leverage Shares 2X Long ARM Daily ETF Trading Down 13.9%

The company has a 50-day moving average of $19.12 and a 200-day moving average of $24.08.

Leverage Shares 2X Long ARM Daily ETF Company Profile

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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.

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