T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Stock Price Up 23.8% – Here’s Why

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDXGet Free Report)’s share price rose 23.8% during trading on Friday . The stock traded as high as $14.2262 and last traded at $16.4850. Approximately 6,900,428 shares were traded during trading, a decline of 51% from the average daily volume of 14,158,093 shares. The stock had previously closed at $13.32.

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

The company’s 50-day moving average price is $16.88 and its 200-day moving average price is $17.77. The company has a market cap of $712.15 million, a P/E ratio of 42.82 and a beta of 5.00.

T-Rex 2X Long NVIDIA Daily Target ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a $0.5735 dividend. This represents a yield of 327.0%. The ex-dividend date was Wednesday, December 24th.

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

Institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC raised its stake in T-Rex 2X Long NVIDIA Daily Target ETF by 14.9% during the third quarter. Flow Traders U.S. LLC now owns 19,131 shares of the company’s stock worth $365,000 after acquiring an additional 2,484 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of T-Rex 2X Long NVIDIA Daily Target ETF by 13.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 9,186 shares of the company’s stock valued at $157,000 after purchasing an additional 1,055 shares during the period. Finally, Bogart Wealth LLC bought a new position in shares of T-Rex 2X Long NVIDIA Daily Target ETF during the 4th quarter worth approximately $26,000.

T-Rex 2X Long NVIDIA Daily Target ETF Company Profile

(Get Free Report)

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of NVIDIA Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.

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