GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Trading 10.7% Higher – Still a Buy?

Posted by ABMN Staff on Jul 22nd, 2026

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU – Get Free Report)’s share price shot up 10.7% on Tuesday . The stock traded as high as $71.17 and last traded at $70.90. Approximately 132,587 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 98,664 shares. The stock had previously closed at $64.03.

GraniteShares 2x Long TSM Daily ETF Trading Up 10.7%

The company has a 50 day simple moving average of $74.94 and a 200-day simple moving average of $63.14.

Institutional Investors Weigh In On GraniteShares 2x Long TSM Daily ETF

An institutional investor recently raised its stake in GraniteShares 2x Long TSM Daily ETF stock. Simplex Trading LLC increased its position in shares of GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU – Free Report) by 176.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,982 shares of the company’s stock after purchasing an additional 1,902 shares during the quarter. Simplex Trading LLC owned 0.45% of GraniteShares 2x Long TSM Daily ETF worth $131,000 at the end of the most recent reporting period.

GraniteShares 2x Long TSM Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long TSM Daily ETF (TSMU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing Co Ltd (ticker: TSM) stock. TSMU was launched on Nov 11, 2024 and is issued by GraniteShares.