Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Short Interest Up 40.3% in February

Posted by Joseph Casey on Mar 5th, 2025

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 249,500 shares, an increase of 40.3% from the January 31st total of 177,800 shares. Based on an average trading volume of 1,472,800 shares, the days-to-cover ratio is currently 0.2 days.

Tradr 1.5X Short NVDA Daily ETF Stock Performance

Shares of NASDAQ NVDS traded down $0.68 during midday trading on Tuesday, hitting $27.53. 2,806,098 shares of the stock traded hands, compared to its average volume of 1,678,765. The company has a market cap of $47.90 million, a PE ratio of 37.60 and a beta of 4.19. Tradr 1.5X Short NVDA Daily ETF has a one year low of $20.68 and a one year high of $78.27. The business has a 50 day moving average price of $24.31 and a two-hundred day moving average price of $28.98.

Tradr 1.5X Short NVDA Daily ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $3.5859 per share. The ex-dividend date was Monday, December 23rd.

About Tradr 1.5X Short NVDA Daily ETF

(Get Free Report)

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.