T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 853,806 shares, a growth of 175.4% from the August 15th total of 309,977 shares. Based on an average daily volume of 7,027,685 shares, the short-interest ratio is currently 0.1 days. Approximately 2.8% of the shares of the stock are sold short.
Institutional Trading of T-Rex 2X Inverse NVIDIA Daily Target ETF
A hedge fund recently bought a new position in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC purchased a new position in shares of T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,976 shares of the company’s stock, valued at approximately $368,000. IMC Chicago LLC owned approximately 0.07% of T-Rex 2X Inverse NVIDIA Daily Target ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
T-Rex 2X Inverse NVIDIA Daily Target ETF Stock Performance
NVDQ opened at $9.01 on Monday. The stock has a 50-day moving average price of $10.04 and a 200-day moving average price of $12.30. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 12-month low of $7.82 and a 12-month high of $23.00.
About T-Rex 2X Inverse NVIDIA Daily Target ETF
The T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of NVIDIA Corporation stock, less fees, and expenses. NVDQ was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.
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