REX NVDA Growth & Income ETF (BATS:NVII) Sees Significant Growth in Short Interest

REX NVDA Growth & Income ETF (BATS:NVII) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 20,061 shares, a growth of 99.1% from the July 15th total of 10,075 shares. Based on an average daily trading volume, of 120,773 shares, the short-interest ratio is presently 0.2 days. Currently, 9.6% of the company’s stock are sold short.

Hedge Funds Weigh In On REX NVDA Growth & Income ETF

A hedge fund recently raised its stake in REX NVDA Growth & Income ETF stock. Tucker Asset Management LLC lifted its stake in REX NVDA Growth & Income ETF (BATS:NVII) by 282.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,364 shares of the company’s stock after purchasing an additional 1,007 shares during the quarter. Tucker Asset Management LLC owned about 0.65% of REX NVDA Growth & Income ETF worth $38,000 as of its most recent SEC filing.

REX NVDA Growth & Income ETF Trading Up 0.1%

REX NVDA Growth & Income ETF stock opened at $25.45 on Friday. The stock has a 50-day moving average of $24.39 and a two-hundred day moving average of $25.71. REX NVDA Growth & Income ETF has a one year low of $22.00 and a one year high of $34.58.

REX NVDA Growth & Income ETF Company Profile

The REX NVDA Growth & Income ETF (NVII) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide weekly income distributions through a covered call strategy on Nvidia (NVDA), while also aiming for daily results that correspond to 105% to 150% of NVDA’s share price performance, before fees and expenses. The actively managed fund uses both standardized exchange-traded and FLEX options, collateralized by US treasuries. NVII was launched on May 28, 2025 and is issued by REX Shares.