Short Interest in Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Rises By 159.1%

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 863,691 shares, a growth of 159.1% from the April 15th total of 333,349 shares. Approximately 72.6% of the shares of the company are short sold. Based on an average daily volume of 437,773 shares, the days-to-cover ratio is currently 2.0 days.

Leverage Shares 2x Long NVDA Daily ETF Trading Down 6.3%

Shares of Leverage Shares 2x Long NVDA Daily ETF stock opened at $23.00 on Friday. The firm’s 50-day simple moving average is $16.73 and its 200-day simple moving average is $17.47. Leverage Shares 2x Long NVDA Daily ETF has a twelve month low of $10.32 and a twelve month high of $25.34.

Leverage Shares 2x Long NVDA Daily ETF Company Profile

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) 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 stock, less fees, and expenses. NVDG was launched on Dec 13, 2024 and is issued by Leverage Shares.