Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Short Interest Up 893.1% in May

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 218,288 shares, a growth of 893.1% from the May 14th total of 21,981 shares. Based on an average trading volume of 446,152 shares, the short-interest ratio is currently 0.5 days. Currently, 18.3% of the shares of the stock are short sold.

Leverage Shares 2x Long NVDA Daily ETF Stock Performance

Shares of Leverage Shares 2x Long NVDA Daily ETF stock opened at $18.74 on Wednesday. Leverage Shares 2x Long NVDA Daily ETF has a 52 week low of $12.11 and a 52 week high of $25.34. The stock’s 50-day simple moving average is $18.78 and its 200-day simple moving average is $17.38.

About Leverage Shares 2x Long NVDA Daily ETF

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) 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 stock, less fees, and expenses. NVDG was launched on Dec 13, 2024 and is issued by Leverage Shares.