T-Rex 2X Long NVIDIA Daily Target ETF Target of Unusually Large Options Trading (BATS:NVDX)

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) was the target of unusually large options trading on Tuesday. Stock investors bought 11,012 call options on the company. This represents an increase of approximately 63% compared to the typical volume of 6,773 call options.

T-Rex 2X Long NVIDIA Daily Target ETF Price Performance

Shares of NVDX stock traded up $5.75 during trading hours on Tuesday, reaching $19.07. 6,900,428 shares of the company traded hands, compared to its average volume of 14,158,093. The firm has a 50-day moving average price of $17.61 and a 200 day moving average price of $13.00. The company has a market cap of $823.91 million, a P/E ratio of 42.82 and a beta of 5.00. T-Rex 2X Long NVIDIA Daily Target ETF has a 12-month low of $4.82 and a 12-month high of $21.41.

Institutional Investors Weigh In On T-Rex 2X Long NVIDIA Daily Target ETF

Institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC bought a new stake in T-Rex 2X Long NVIDIA Daily Target ETF during the 2nd quarter valued at approximately $243,000. Jump Financial LLC bought a new position in shares of T-Rex 2X Long NVIDIA Daily Target ETF during the first quarter worth $168,000. Finally, SBI Securities Co. Ltd. grew its stake in T-Rex 2X Long NVIDIA Daily Target ETF by 4,864.7% during the first quarter. SBI Securities Co. Ltd. now owns 56,895 shares of the company’s stock valued at $443,000 after acquiring an additional 55,749 shares in the last quarter.

About T-Rex 2X Long NVIDIA Daily Target ETF

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) 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 Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.