Roundhill NVDA WeeklyPay ETF (BATS:NVDW) Sees Large Growth in Short Interest

Roundhill NVDA WeeklyPay ETF (BATS:NVDW) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 47,414 shares, an increase of 359.1% from the May 14th total of 10,327 shares. Approximately 15.3% of the company’s stock are sold short. Based on an average daily trading volume, of 101,619 shares, the short-interest ratio is presently 0.5 days.

Roundhill NVDA WeeklyPay ETF Price Performance

Shares of NVDW opened at $36.68 on Thursday. The stock has a 50-day moving average of $39.56 and a 200-day moving average of $39.65. The company has a market cap of $11.37 million and a PE ratio of 60.33. Roundhill NVDA WeeklyPay ETF has a one year low of $31.77 and a one year high of $54.05.

About Roundhill NVDA WeeklyPay ETF

The Tradr 1.75X Long NVDA Weekly ETF (NVDW) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, seeking to provide 1.75x the exposure to the weekly price return of the Nvidia stock (NVDA) through swap agreements with major global financial institutions. NVDW was launched on Sep 3, 2024 and is issued by Tradr.