T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Short Interest Update

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 706,128 shares, a growth of 339.6% from the April 30th total of 160,632 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average daily trading volume, of 7,070,529 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of NVDQ opened at $11.28 on Friday. T-Rex 2X Inverse NVIDIA Daily Target ETF has a one year low of $9.07 and a one year high of $39.00. The stock’s fifty day moving average is $13.59 and its 200-day moving average is $15.85.

Institutional Investors Weigh In On T-Rex 2X Inverse NVIDIA Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC purchased a new stake in shares of T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 20,976 shares of the company’s stock, valued at approximately $368,000. IMC Chicago LLC owned about 0.07% of T-Rex 2X Inverse NVIDIA Daily Target ETF at the end of the most recent reporting period.

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.