T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Shares Down 5.8% – What’s Next?

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDXGet Free Report) was down 5.8% on Monday . The stock traded as low as $17.54 and last traded at $17.72. Approximately 6,867,785 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 11,051,149 shares. The stock had previously closed at $18.81.

T-Rex 2X Long NVIDIA Daily Target ETF Price Performance

The firm’s 50 day moving average is $18.00 and its two-hundred day moving average is $17.68. The firm has a market capitalization of $765.50 million, a P/E ratio of 42.82 and a beta of 5.00.

Institutional Trading of T-Rex 2X Long NVIDIA Daily Target ETF

A number of large investors have recently added to or reduced their stakes in the company. Vestor Capital LLC increased its stake in shares of T-Rex 2X Long NVIDIA Daily Target ETF by 380.6% during the 1st quarter. Vestor Capital LLC now owns 22,407 shares of the company’s stock worth $312,000 after purchasing an additional 17,745 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in T-Rex 2X Long NVIDIA Daily Target ETF by 14.9% during the third quarter. Flow Traders U.S. LLC now owns 19,131 shares of the company’s stock worth $365,000 after purchasing an additional 2,484 shares during the period. SBI Securities Co. Ltd. increased its position in T-Rex 2X Long NVIDIA Daily Target ETF by 13.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 9,186 shares of the company’s stock worth $157,000 after buying an additional 1,055 shares during the last quarter. Hollencrest Capital Management bought a new stake in T-Rex 2X Long NVIDIA Daily Target ETF in the fourth quarter valued at approximately $51,000. Finally, Bogart Wealth LLC bought a new stake in T-Rex 2X Long NVIDIA Daily Target ETF in the fourth quarter valued at approximately $26,000.

T-Rex 2X Long NVIDIA Daily Target ETF Company Profile

(Get Free Report)

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) 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 Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.

Further Reading

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