T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Sees Large Decline in Short Interest

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 89,228 shares, a decrease of 89.5% from the August 31st total of 853,806 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 5,475,672 shares, the short-interest ratio is presently 0.0 days.

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

An institutional investor recently raised its position in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. Citadel Advisors LLC increased its holdings in T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) by 323.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 150,687 shares of the company’s stock after purchasing an additional 115,119 shares during the period. Citadel Advisors LLC owned 0.49% of T-Rex 2X Inverse NVIDIA Daily Target ETF worth $1,798,000 as of its most recent SEC filing.

T-Rex 2X Inverse NVIDIA Daily Target ETF Stock Up 0.8%

NVDQ stock traded up $0.07 during midday trading on Thursday, hitting $8.44. The stock had a trading volume of 5,836,950 shares, compared to its average volume of 4,214,985. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 12-month low of $7.82 and a 12-month high of $21.59. The company’s 50-day moving average price is $9.65 and its 200 day moving average price is $11.89.

About T-Rex 2X Inverse NVIDIA Daily Target ETF

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.