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

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 512,443 shares, an increase of 55.4% from the August 15th total of 329,731 shares. Based on an average daily volume of 288,410 shares, the short-interest ratio is currently 1.8 days. Approximately 20.9% of the shares of the company are short sold.

Leverage Shares 2x Long NVDA Daily ETF Price Performance

Shares of NASDAQ NVDG opened at $19.82 on Friday. The stock has a fifty day simple moving average of $19.00 and a two-hundred day simple moving average of $18.09. Leverage Shares 2x Long NVDA Daily ETF has a 1-year low of $12.34 and a 1-year high of $25.34.

Leverage Shares 2x Long NVDA Daily ETF Company Profile

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.