Roundhill NVDA WeeklyPay ETF (BATS:NVDW) Sees Large Growth in Short Interest

Roundhill NVDA WeeklyPay ETF (BATS:NVDW) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 47,414 shares, an increase of 359.1% from the May 14th total of 10,327 shares. Based on an average trading volume of 101,619 shares, the short-interest ratio is currently 0.5 days. Currently, 15.3% of the company’s shares are sold short.

Roundhill NVDA WeeklyPay ETF Trading Down 4.3%

NVDW stock opened at $36.68 on Thursday. The stock has a 50-day moving average price of $39.56 and a 200-day moving average price of $39.65. Roundhill NVDA WeeklyPay ETF has a 1-year low of $31.77 and a 1-year high of $54.05. The firm has a market cap of $11.37 million and a PE ratio of 60.33.

Roundhill NVDA WeeklyPay ETF Company Profile

The Tradr 1.75X Long NVDA Weekly ETF (NVDW) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, seeking to provide 1.75x the exposure to the weekly price return of the Nvidia stock (NVDA) through swap agreements with major global financial institutions. NVDW was launched on Sep 3, 2024 and is issued by Tradr.