GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) Short Interest Update

GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,100,000 shares, an increase of 51.0% from the September 15th total of 728,700 shares. Based on an average daily volume of 19,979,000 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 19,979,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Jump Financial LLC grew its stake in shares of GraniteShares 2x Short NVDA Daily ETF by 402.9% during the 2nd quarter. Jump Financial LLC now owns 186,494 shares of the company’s stock valued at $2,357,000 after purchasing an additional 149,408 shares during the period. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in GraniteShares 2x Short NVDA Daily ETF during the second quarter valued at approximately $384,000. Jane Street Group LLC increased its holdings in GraniteShares 2x Short NVDA Daily ETF by 85.9% during the first quarter. Jane Street Group LLC now owns 58,700 shares of the company’s stock valued at $2,032,000 after buying an additional 27,126 shares during the last quarter. StoneX Group Inc. raised its position in GraniteShares 2x Short NVDA Daily ETF by 83.0% in the second quarter. StoneX Group Inc. now owns 15,879 shares of the company’s stock worth $201,000 after acquiring an additional 7,200 shares during the period. Finally, Group One Trading LLC boosted its stake in shares of GraniteShares 2x Short NVDA Daily ETF by 43.6% during the 2nd quarter. Group One Trading LLC now owns 17,241 shares of the company’s stock worth $218,000 after acquiring an additional 5,237 shares during the last quarter.

GraniteShares 2x Short NVDA Daily ETF Trading Up 1.0%

NASDAQ:NVD opened at $9.18 on Thursday. The company has a 50 day simple moving average of $9.52 and a two-hundred day simple moving average of $15.25. The company has a market cap of $142.66 million, a PE ratio of -76.50 and a beta of -4.30. GraniteShares 2x Short NVDA Daily ETF has a 12 month low of $7.91 and a 12 month high of $51.62.

GraniteShares 2x Short NVDA Daily ETF Company Profile

The GraniteShares 2x Short NVDA Daily ETF (NVD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVD was launched on Aug 21, 2023 and is issued by GraniteShares.