AXS 1.25X NVDA Bear Daily ETF Stock Scheduled to Reverse Split on Wednesday, April 3rd (NASDAQ:NVDS)

AXS 1.25X NVDA Bear Daily ETF (NASDAQ:NVDS) shares are set to reverse split on the morning of Wednesday, April 3rd. The 1-5 reverse split was announced on Wednesday, April 3rd. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, April 3rd.

AXS 1.25X NVDA Bear Daily ETF Stock Performance

NASDAQ NVDS opened at $12.01 on Tuesday. The stock’s 50-day simple moving average is $17.37 and its two-hundred day simple moving average is $29.26. AXS 1.25X NVDA Bear Daily ETF has a twelve month low of $11.73 and a twelve month high of $87.65.

Institutional Trading of AXS 1.25X NVDA Bear Daily ETF

A hedge fund recently bought a new stake in AXS 1.25X NVDA Bear Daily ETF stock. Flow Traders U.S. LLC acquired a new position in AXS 1.25X NVDA Bear Daily ETF (NASDAQ:NVDS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 68,823 shares of the company’s stock, valued at approximately $1,105,000. Flow Traders U.S. LLC owned about 1.19% of AXS 1.25X NVDA Bear Daily ETF as of its most recent filing with the Securities and Exchange Commission.

About AXS 1.25X NVDA Bear 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.