T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Short Interest Down 73.6% in May

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 186,073 shares, a decrease of 73.6% from the May 14th total of 706,128 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 8,695,273 shares, the days-to-cover ratio is presently 0.0 days.

T-Rex 2X Inverse NVIDIA Daily Target ETF Stock Down 0.9%

Shares of NVDQ stock traded down $0.10 on Friday, reaching $11.48. The stock had a trading volume of 1,682,760 shares, compared to its average volume of 3,965,836. The firm’s 50-day moving average is $12.32 and its two-hundred day moving average is $15.45. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 12 month low of $9.07 and a 12 month high of $34.60.

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

An institutional investor recently bought a new position 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) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor 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 filing with the SEC.

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

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.