Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) Short Interest Update

Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) saw 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. Currently, 7.4% of the shares of the company are sold short. Based on an average daily volume of 123,203 shares, the days-to-cover ratio is presently 0.5 days.

Leverage Shares 2X Long TSM Daily ETF Stock Up 3.1%

TSMG stock traded up $1.19 during mid-day trading on Monday, reaching $40.20. 23,767 shares of the company traded hands, compared to its average volume of 107,208. The company has a fifty day moving average price of $40.18 and a 200-day moving average price of $35.82. Leverage Shares 2X Long TSM Daily ETF has a 52-week low of $15.43 and a 52-week high of $51.24.

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.