Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Trading Up 7.9% – Should You Buy?

Shares of Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLGGet Free Report) rose 7.9% during mid-day trading on Thursday . The stock traded as high as $4.96 and last traded at $4.9830. 3,283,206 shares changed hands during trading, a decline of 92% from the average session volume of 42,037,492 shares. The stock had previously closed at $4.62.

Leverage Shares 2x Long TSLA Daily ETF Stock Performance

The company has a fifty day simple moving average of $4.56 and a two-hundred day simple moving average of $5.89.

About Leverage Shares 2x Long TSLA Daily ETF

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The Leverage Shares 2X Long TSLA Daily ETF (TSLG) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla stock, less fees, and expenses. TSLG was launched on Dec 13, 2024 and is issued by Leverage Shares.

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