Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Sees Large Growth in Short Interest

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 863,691 shares, a growth of 159.1% from the April 15th total of 333,349 shares. Based on an average trading volume of 437,773 shares, the short-interest ratio is presently 2.0 days. Currently, 72.6% of the shares of the company are short sold.

Leverage Shares 2x Long NVDA Daily ETF Trading Down 9.1%

Shares of NVDG stock traded down $2.24 on Friday, hitting $22.30. The company’s stock had a trading volume of 399,448 shares, compared to its average volume of 380,598. The stock’s 50 day moving average is $16.86 and its 200-day moving average is $17.50. Leverage Shares 2x Long NVDA Daily ETF has a fifty-two week low of $10.32 and a fifty-two week high of $25.34.

About Leverage Shares 2x Long NVDA Daily ETF

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) 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 stock, less fees, and expenses. NVDG was launched on Dec 13, 2024 and is issued by Leverage Shares.