Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Trading Down 3.5% – Time to Sell?

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDSGet Free Report)’s stock price was down 3.5% during mid-day trading on Monday . The stock traded as low as $17.64 and last traded at $17.80. Approximately 166,190 shares traded hands during trading, a decline of 57% from the average daily volume of 386,537 shares. The stock had previously closed at $18.45.

Tradr 1.5X Short NVDA Daily ETF Trading Up 2.4%

The stock has a market cap of $12.45 million, a P/E ratio of 31.94 and a beta of -2.43. The business has a 50-day simple moving average of $19.82 and a 200 day simple moving average of $22.55.

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.

Further Reading

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