Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 105,894 shares, an increase of 132.3% from the September 30th total of 45,578 shares. Based on an average daily trading volume, of 61,670 shares, the days-to-cover ratio is currently 1.7 days. Currently, 8.5% of the company’s stock are sold short.
Leverage Shares 2X Long TSM Daily ETF Stock Down 12.3%
Shares of NASDAQ:TSMG opened at $33.60 on Friday. The business’s 50-day moving average is $39.73 and its 200 day moving average is $36.43. Leverage Shares 2X Long TSM Daily ETF has a 1 year low of $20.73 and a 1 year high of $51.24.
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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