Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Short Interest Update

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 210,600 shares, a drop of 54.3% from the December 15th total of 460,800 shares. Based on an average daily volume of 1,482,900 shares, the days-to-cover ratio is presently 0.1 days.

Tradr 1.5X Short NVDA Daily ETF Trading Up 1.9 %

Shares of Tradr 1.5X Short NVDA Daily ETF stock traded up $0.48 during trading hours on Tuesday, hitting $25.83. 619,726 shares of the company’s stock traded hands, compared to its average volume of 1,449,226. Tradr 1.5X Short NVDA Daily ETF has a 12-month low of $20.72 and a 12-month high of $127.50. The company has a fifty day simple moving average of $26.45 and a 200-day simple moving average of $33.41.

Tradr 1.5X Short NVDA Daily ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $3.5859 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Tradr 1.5X Short NVDA Daily ETF Company Profile

The AXS 1.25X NVDA Bear Daily ETF (NVDS) is an exchange-traded fund that is based on the NVIDIA Corporation index. The fund provides inverse (-1.25x) exposure, less fees and expenses, to the daily price movement for shares of Nvidia stock. NVDS was launched on Jul 14, 2022 and is managed by AXS Investments.