Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) was up 1.1% during mid-day trading on Thursday . The stock traded as high as $22.87 and last traded at $22.29. Approximately 208,000 shares changed hands during trading, a decline of 50% from the average session volume of 412,485 shares. The stock had previously closed at $22.05.
Tradr 1.5X Short NVDA Daily ETF Trading Down 6.1%
The stock’s fifty day simple moving average is $21.69 and its 200 day simple moving average is $25.51. The company has a market cap of $16.54 million, a price-to-earnings ratio of 31.94 and a beta of -2.42.
Institutional Investors Weigh In On Tradr 1.5X Short NVDA Daily ETF
A hedge fund recently bought a new stake in Tradr 1.5X Short NVDA Daily ETF stock. JPMorgan Chase & Co. acquired a new position in shares of Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,200 shares of the company’s stock, valued at approximately $147,000. JPMorgan Chase & Co. owned approximately 0.23% of Tradr 1.5X Short NVDA Daily ETF as of its most recent filing with the Securities & Exchange Commission.
About Tradr 1.5X Short NVDA Daily ETF
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.
Further Reading
- Five stocks we like better than Tradr 1.5X Short NVDA Daily ETF
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for Tradr 1.5X Short NVDA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tradr 1.5X Short NVDA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
