Short Interest in Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Declines By 97.5%

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 21,981 shares, a decline of 97.5% from the April 30th total of 863,691 shares. Currently, 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 463,440 shares, the days-to-cover ratio is presently 0.0 days.

Leverage Shares 2x Long NVDA Daily ETF Stock Down 2.1%

NASDAQ NVDG traded down $0.42 on Wednesday, hitting $19.80. 463,545 shares of the stock were exchanged, compared to its average volume of 387,158. The stock has a fifty day moving average price of $17.73 and a two-hundred day moving average price of $17.38. Leverage Shares 2x Long NVDA Daily ETF has a 52-week low of $10.86 and a 52-week high of $25.34.

Leverage Shares 2x Long NVDA Daily ETF Company Profile

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.