T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $12.14 and traded as high as $12.23. T-Rex 2X Inverse NVIDIA Daily Target ETF shares last traded at $12.21, with a volume of 12,073,467 shares.
T-Rex 2X Inverse NVIDIA Daily Target ETF Stock Performance
The business has a 50 day moving average of $8.83 and a 200-day moving average of $12.11.
Hedge Funds Weigh In On T-Rex 2X Inverse NVIDIA Daily Target ETF
A number of hedge funds have recently modified their holdings of NVDQ. Citadel Advisors LLC boosted its stake in T-Rex 2X Inverse NVIDIA Daily Target ETF by 323.7% during the 2nd quarter. Citadel Advisors LLC now owns 150,687 shares of the company’s stock worth $1,798,000 after purchasing an additional 115,119 shares during the period. IMC Chicago LLC acquired a new position in T-Rex 2X Inverse NVIDIA Daily Target ETF in the first quarter valued at $368,000. Finally, StoneX Group Inc. acquired a new position in T-Rex 2X Inverse NVIDIA Daily Target ETF in the third quarter valued at $626,000.
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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