Short Interest in Roundhill NVDA WeeklyPay ETF (BATS:NVDW) Decreases By 41.7%

Roundhill NVDA WeeklyPay ETF (BATS:NVDW) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 34,547 shares, a decline of 41.7% from the June 15th total of 59,272 shares. Based on an average trading volume of 59,738 shares, the days-to-cover ratio is presently 0.6 days. Approximately 11.1% of the shares of the company are sold short.

Roundhill NVDA WeeklyPay ETF Stock Performance

NVDW stock opened at $37.56 on Thursday. Roundhill NVDA WeeklyPay ETF has a 1-year low of $31.77 and a 1-year high of $54.05. The business’s 50 day simple moving average is $38.77 and its 200 day simple moving average is $38.70. The firm has a market capitalization of $11.64 million and a PE ratio of 60.33.

About Roundhill NVDA WeeklyPay ETF

The Tradr 1.75X Long NVDA Weekly ETF (NVDW) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, seeking to provide 1.75x the exposure to the weekly price return of the Nvidia stock (NVDA) through swap agreements with major global financial institutions. NVDW was launched on Sep 3, 2024 and is issued by Tradr.