Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG – Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 66,878 shares, a drop of 43.6% from the July 15th total of 118,507 shares. Approximately 7.4% of the company’s shares are sold short. Based on an average daily trading volume, of 123,203 shares, the days-to-cover ratio is presently 0.5 days.
Leverage Shares 2X Long TSM Daily ETF Trading Down 8.0%
Shares of TSMG traded down $3.17 during midday trading on Tuesday, hitting $36.69. 36,193 shares of the stock were exchanged, compared to its average volume of 106,917. Leverage Shares 2X Long TSM Daily ETF has a 52-week low of $15.43 and a 52-week high of $51.24. The stock has a fifty day simple moving average of $40.14 and a 200 day simple moving average of $35.90.
Leverage Shares 2X Long TSM Daily ETF Company Profile
The Leverage Shares 2X Long TSM Daily ETF (TSMG) 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 Taiwan Semiconductor stock, less fees, and expenses. TSMG was launched on Jan 14, 2025 and is issued by Leverage Shares.
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