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 significant growth in short interest in August. As of August 31st, there was short interest totaling 853,806 shares, a growth of 175.4% from the August 15th total of 309,977 shares. Based on an average daily trading volume, of 7,027,685 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.8% of the company’s stock are sold short.

Hedge Funds Weigh In On T-Rex 2X Inverse NVIDIA Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC bought a new stake in T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 20,976 shares of the company’s stock, valued at approximately $368,000. IMC Chicago LLC owned 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 Price Performance

Shares of BATS:NVDQ opened at $9.01 on Friday. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 1-year low of $7.82 and a 1-year high of $23.00. The company’s fifty day moving average is $10.04 and its two-hundred day moving average is $12.32.

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.