Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMG) Shares Down 7.2% – What’s Next?

Leverage Shares 2X Long TSM Daily ETF (NASDAQ:TSMGGet Free Report) shares dropped 7.2% on Tuesday . The stock traded as low as $25.40 and last traded at $25.40. Approximately 69,807 shares traded hands during mid-day trading, an increase of 115% from the average daily volume of 32,442 shares. The stock had previously closed at $27.38.

Leverage Shares 2X Long TSM Daily ETF Stock Down 7.2%

The company’s fifty day moving average price is $23.22 and its two-hundred day moving average price is $17.59.

Leverage Shares 2X Long TSM Daily ETF Company Profile

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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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