T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Trading Down 5.8% – Here’s What Happened

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDXGet Free Report)’s stock price fell 5.8% during trading on Monday . The company traded as low as $17.54 and last traded at $17.72. 6,867,785 shares were traded during trading, a decline of 38% from the average session volume of 11,051,149 shares. The stock had previously closed at $18.81.

T-Rex 2X Long NVIDIA Daily Target ETF Stock Performance

The stock has a market cap of $765.50 million, a price-to-earnings ratio of 42.82 and a beta of 5.00. The firm’s 50-day simple moving average is $18.00 and its two-hundred day simple moving average is $17.68.

Institutional Trading of T-Rex 2X Long NVIDIA Daily Target ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. raised its holdings in T-Rex 2X Long NVIDIA Daily Target ETF by 13.0% during the 4th quarter. SBI Securities Co. Ltd. now owns 9,186 shares of the company’s stock worth $157,000 after buying an additional 1,055 shares during the period. Bogart Wealth LLC acquired a new position in shares of T-Rex 2X Long NVIDIA Daily Target ETF in the fourth quarter valued at approximately $26,000. Flow Traders U.S. LLC boosted its holdings in shares of T-Rex 2X Long NVIDIA Daily Target ETF by 14.9% in the third quarter. Flow Traders U.S. LLC now owns 19,131 shares of the company’s stock valued at $365,000 after buying an additional 2,484 shares during the period. Hollencrest Capital Management bought a new stake in shares of T-Rex 2X Long NVIDIA Daily Target ETF during the fourth quarter worth $51,000. Finally, Vestor Capital LLC increased its position in shares of T-Rex 2X Long NVIDIA Daily Target ETF by 380.6% during the first quarter. Vestor Capital LLC now owns 22,407 shares of the company’s stock worth $312,000 after acquiring an additional 17,745 shares in the last quarter.

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

(Get Free Report)

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) 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 Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.

Further Reading

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