Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) Sees Significant Growth in Short Interest

Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 118,507 shares, a growth of 108.2% from the June 30th total of 56,922 shares. Approximately 13.3% of the company’s shares are short sold. Based on an average daily trading volume, of 108,798 shares, the days-to-cover ratio is presently 1.1 days.

Leverage Shares 2X Long TSM Daily ETF Trading Up 9.6%

NASDAQ TSMG opened at $33.30 on Thursday. The business’s 50-day moving average price is $41.08 and its two-hundred day moving average price is $35.03. Leverage Shares 2X Long TSM Daily ETF has a 12 month low of $15.43 and a 12 month 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.