Short Interest in Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) Declines By 43.6%

Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 66,878 shares, a decline of 43.6% from the July 15th total of 118,507 shares. Based on an average daily trading volume, of 123,203 shares, the short-interest ratio is presently 0.5 days. Approximately 7.4% of the shares of the company are short sold.

Leverage Shares 2X Long TSM Daily ETF Price Performance

Shares of Leverage Shares 2X Long TSM Daily ETF stock opened at $36.83 on Wednesday. Leverage Shares 2X Long TSM Daily ETF has a 52-week low of $15.43 and a 52-week high of $51.24. The company’s fifty day moving average price is $40.05 and its two-hundred day moving average price is $35.95.

About Leverage Shares 2X Long TSM Daily ETF

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.