Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Stock Price Down 4.5% – Here’s Why

Posted by Latisha Jones on Aug 2nd, 2026

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) shares were down 4.5% on Friday . The stock traded as low as $21.97 and last traded at $22.17. 285,472 shares were traded during trading, a decline of 28% from the average session volume of 394,696 shares. The stock had previously closed at $23.22.

Tradr 1.5X Short NVDA Daily ETF Stock Down 4.5%

The stock has a market capitalization of $16.41 million, a price-to-earnings ratio of 31.94 and a beta of -2.42. The business’s 50 day simple moving average is $21.99 and its 200-day simple moving average is $24.87.

Institutional Trading of 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 stake in Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Free Report) during the second quarter, according to its most recent Form 13F 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 about 0.23% of Tradr 1.5X Short NVDA Daily ETF at the end of the most recent reporting period.

Tradr 1.5X Short NVDA Daily ETF Company Profile

(Get Free Report)

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.