Shares of Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) rose 4.5% during trading on Wednesday. The stock traded as high as $21.35 and last traded at $21.28. 123,614 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 360,180 shares. The stock had previously closed at $20.36.
Tradr 1.5X Short NVDA Daily ETF Price Performance
The company’s 50 day simple moving average is $18.77 and its 200 day simple moving average is $22.71. The firm has a market cap of $15.10 million, a price-to-earnings ratio of 31.94 and a beta of -2.48.
Tradr 1.5X Short NVDA Daily ETF Company Profile
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.
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