Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) shares shot up 0.6% on Tuesday . The stock traded as high as $21.45 and last traded at $21.12. 360,371 shares were traded during trading, a decline of 18% from the average session volume of 437,616 shares. The stock had previously closed at $21.00.
Tradr 1.5X Short NVDA Daily ETF Trading Up 0.6%
The stock has a market cap of $20.70 million, a price-to-earnings ratio of 31.94 and a beta of -2.43. The firm’s 50-day moving average is $24.88 and its two-hundred day moving average is $28.04.
Institutional Trading of Tradr 1.5X Short NVDA Daily ETF
A hedge fund recently bought a new stake in Tradr 1.5X Short NVDA Daily ETF stock. JPMorgan Chase & Co. acquired a new stake in Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,200 shares of the company’s stock, valued at approximately $147,000. JPMorgan Chase & Co. owned about 0.23% of Tradr 1.5X Short NVDA Daily ETF at the end of the most recent quarter.
About Tradr 1.5X Short NVDA Daily ETF
The AXS 1.25X NVDA Bear Daily ETF (NVDS) is an exchange-traded fund that is based on the NVIDIA Corporation index. The fund provides inverse (-1.25x) exposure, less fees and expenses, to the daily price movement for shares of Nvidia stock. NVDS was launched on Jul 14, 2022 and is managed by AXS Investments.
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