Short Interest in T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Grows By 87.1%

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 348,165 shares, a growth of 87.1% from the May 31st total of 186,073 shares. Based on an average daily volume of 6,421,451 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.1% of the company’s stock are short sold.

T-Rex 2X Inverse NVIDIA Daily Target ETF Stock Down 5.1%

T-Rex 2X Inverse NVIDIA Daily Target ETF stock opened at $11.94 on Wednesday. T-Rex 2X Inverse NVIDIA Daily Target ETF has a one year low of $9.07 and a one year high of $29.60. The business’s fifty day moving average is $11.36 and its 200 day moving average is $14.85.

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

An institutional investor recently bought a new stake in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC acquired a new stake in shares of T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,976 shares of the company’s stock, valued at approximately $368,000. IMC Chicago LLC owned about 0.07% of T-Rex 2X Inverse NVIDIA Daily Target ETF as of its most recent SEC filing.

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.