AXS 1.25X NVDA Bear Daily ETF (NASDAQ:NVDS) Short Interest Update

AXS 1.25X NVDA Bear Daily ETF (NASDAQ:NVDS) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 140,200 shares, a decline of 61.0% from the June 15th total of 359,300 shares. Based on an average daily volume of 1,455,000 shares, the short-interest ratio is currently 0.1 days.

AXS 1.25X NVDA Bear Daily ETF Stock Performance

NASDAQ NVDS traded up $2.46 during trading on Thursday, hitting $38.28. 3,381,721 shares of the company’s stock traded hands, compared to its average volume of 1,134,024. The stock has a fifty day moving average of $47.76 and a two-hundred day moving average of $75.74. AXS 1.25X NVDA Bear Daily ETF has a 12-month low of $34.46 and a 12-month high of $222.55.

AXS 1.25X NVDA Bear 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.