Short Interest in T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQ) Declines By 73.6%

T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 186,073 shares, a decline of 73.6% from the May 14th total of 706,128 shares. Based on an average trading volume of 8,695,273 shares, the short-interest ratio is presently 0.0 days. Approximately 0.6% of the shares of the stock are short sold.

Hedge Funds Weigh In On T-Rex 2X Inverse NVIDIA Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse NVIDIA Daily Target ETF stock. IMC Chicago LLC acquired a new stake in shares of T-Rex 2X Inverse NVIDIA Daily Target ETF (BATS:NVDQFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 at the end of the most recent quarter.

T-Rex 2X Inverse NVIDIA Daily Target ETF Trading Up 7.5%

Shares of BATS:NVDQ opened at $12.10 on Thursday. The firm has a fifty day moving average of $12.44 and a 200 day moving average of $15.50. T-Rex 2X Inverse NVIDIA Daily Target ETF has a 52-week low of $9.07 and a 52-week high of $34.60.

About T-Rex 2X Inverse NVIDIA Daily Target ETF

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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.

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