Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) Shares Up 8% – What’s Next?

Shares of Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMGGet Free Report) shot up 8% during trading on Monday . The company traded as high as $44.60 and last traded at $44.17. 74,284 shares changed hands during trading, a decline of 33% from the average session volume of 110,860 shares. The stock had previously closed at $40.88.

Leverage Shares 2X Long TSM Daily ETF Stock Up 8.0%

The business’s 50 day moving average price is $37.39 and its two-hundred day moving average price is $31.45.

About Leverage Shares 2X Long TSM Daily ETF

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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.

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