T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Short Interest Update

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 348,165 shares, an increase of 87.1% from the May 31st total of 186,073 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 6,421,451 shares, the days-to-cover ratio is presently 0.1 days.

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

A hedge fund recently bought a new position in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC purchased a new stake in shares of T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,976 shares of the company’s stock, valued at approximately $368,000. IMC Chicago LLC owned approximately 0.07% of T-Rex 2X Inverse NVIDIA Daily Target ETF as of its most recent SEC filing.

T-Rex 2X Inverse NVIDIA Daily Target ETF Trading Down 5.1%

Shares of T-Rex 2X Inverse NVIDIA Daily Target ETF stock opened at $11.94 on Wednesday. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 1 year low of $9.07 and a 1 year high of $29.60. The firm’s 50-day moving average is $11.36 and its 200 day moving average is $14.85.

About T-Rex 2X Inverse NVIDIA Daily Target ETF

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