T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Stock Price Down 37.6% – Time to Sell?

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDXGet Free Report) shares dropped 37.6% during trading on Thursday . The stock traded as low as $13.21 and last traded at $8.32. Approximately 6,900,428 shares changed hands during mid-day trading, The stock had previously closed at $13.32.

T-Rex 2X Long NVIDIA Daily Target ETF Trading Down 35.3 %

The company has a 50-day moving average of $12.78 and a 200-day moving average of $15.05. The firm has a market capitalization of $449.52 million, a price-to-earnings ratio of 43.16 and a beta of 5.00.

About T-Rex 2X Long NVIDIA Daily Target ETF

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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.

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