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

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 249,500 shares, an increase of 40.3% from the January 31st total of 177,800 shares. Based on an average daily trading volume, of 1,472,800 shares, the short-interest ratio is presently 0.2 days.

Tradr 1.5X Short NVDA Daily ETF Stock Performance

Shares of NVDS traded down $0.65 during trading hours on Wednesday, hitting $26.89. 1,316,625 shares of the company were exchanged, compared to its average volume of 1,677,721. The firm’s 50 day moving average is $24.31 and its 200-day moving average is $28.98. Tradr 1.5X Short NVDA Daily ETF has a 52 week low of $20.68 and a 52 week high of $78.27. The company has a market cap of $46.78 million, a PE ratio of 37.60 and a beta of 4.19.

Tradr 1.5X Short NVDA Daily ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued 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.