Short Interest in REX NVDA Growth & Income ETF (BATS:NVII) Decreases By 68.0%

REX NVDA Growth & Income ETF (BATS:NVII) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 55,247 shares, a drop of 68.0% from the May 14th total of 172,667 shares. Based on an average trading volume of 168,173 shares, the days-to-cover ratio is currently 0.3 days. Currently, 26.3% of the shares of the stock are short sold.

REX NVDA Growth & Income ETF Stock Up 0.0%

Shares of BATS NVII opened at $24.96 on Friday. REX NVDA Growth & Income ETF has a 12-month low of $22.44 and a 12-month high of $34.58. The firm’s 50-day moving average is $26.73 and its two-hundred day moving average is $26.95.

Institutional Investors Weigh In On REX NVDA Growth & Income ETF

An institutional investor recently raised its position in REX NVDA Growth & Income ETF stock. Mariner LLC raised its stake in REX NVDA Growth & Income ETF (BATS:NVII) by 54.2% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 11,100 shares of the company’s stock after buying an additional 3,900 shares during the quarter. Mariner LLC owned approximately 5.29% of REX NVDA Growth & Income ETF worth $357,000 as of its most recent SEC filing.

REX NVDA Growth & Income ETF Company Profile

The REX NVDA Growth & Income ETF (NVII) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide weekly income distributions through a covered call strategy on Nvidia (NVDA), while also aiming for daily results that correspond to 105% to 150% of NVDA’s share price performance, before fees and expenses. The actively managed fund uses both standardized exchange-traded and FLEX options, collateralized by US treasuries. NVII was launched on May 28, 2025 and is issued by REX Shares.