Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMG) Shares Down 8.8% – Here’s Why

Shares of Leverage Shares 2X Long ARM Daily ETF (NASDAQ:ARMGGet Free Report) traded down 8.8% during trading on Wednesday . The company traded as low as $5.55 and last traded at $5.63. 1,040,691 shares traded hands during trading, an increase of 34% from the average session volume of 776,011 shares. The stock had previously closed at $6.17.

Leverage Shares 2X Long ARM Daily ETF Stock Performance

The business’s 50-day moving average is $7.24 and its 200-day moving average is $10.73.

Leverage Shares 2X Long ARM Daily ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, January 2nd. Shareholders of record on Tuesday, December 30th were issued a $0.2773 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

About Leverage Shares 2X Long ARM Daily ETF

(Get Free Report)

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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