Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Sees Significant Growth in Short Interest

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 218,288 shares, an increase of 893.1% from the May 14th total of 21,981 shares. Based on an average daily volume of 446,152 shares, the short-interest ratio is presently 0.5 days. Approximately 18.3% of the company’s shares are sold short.

Leverage Shares 2x Long NVDA Daily ETF Stock Up 3.5%

NVDG stock opened at $18.07 on Friday. Leverage Shares 2x Long NVDA Daily ETF has a 1 year low of $12.11 and a 1 year high of $25.34. The company has a fifty day simple moving average of $18.97 and a 200 day simple moving average of $17.38.

Leverage Shares 2x Long NVDA Daily ETF Company Profile

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) 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 NVIDIA stock, less fees, and expenses. NVDG was launched on Dec 13, 2024 and is issued by Leverage Shares.