T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Short Interest Up 304.0% in August

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 309,977 shares, an increase of 304.0% from the July 30th total of 76,726 shares. Based on an average daily trading volume, of 4,062,705 shares, the short-interest ratio is currently 0.1 days. Approximately 1.0% of the company’s stock are sold short.

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

An institutional investor recently bought a new position in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC bought a new stake in shares of T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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.

T-Rex 2X Inverse NVIDIA Daily Target ETF Trading Down 17.3%

Shares of BATS NVDQ opened at $8.39 on Friday. The company has a 50-day moving average price of $10.80 and a 200-day moving average price of $12.86. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 1 year low of $8.16 and a 1 year high of $24.40.

T-Rex 2X Inverse NVIDIA Daily Target ETF Company Profile

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.