Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) Shares Up 8% – Should You Buy?

Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMGGet Free Report)’s share price shot up 8% during mid-day trading on Monday . The stock traded as high as $44.60 and last traded at $44.17. 74,284 shares were traded 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 Performance

The company’s 50-day moving average price is $37.95 and its 200-day moving average price is $31.70.

Leverage Shares 2X Long TSM Daily ETF Company Profile

(Get Free Report)

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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