GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) Shares Gap Down – What’s Next?

Posted by Lauren Steadman on Sep 19th, 2026

Shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $4.15, but opened at $3.98. GraniteShares 2x Short NVDA Daily ETF shares last traded at $3.9650, with a volume of 7,142,668 shares.

GraniteShares 2x Short NVDA Daily ETF Trading Down 2.5%

The stock has a market capitalization of $42.12 million, a PE ratio of -32.00 and a beta of -3.08. The business has a fifty day moving average price of $4.32 and a 200-day moving average price of $5.26.

Institutional Trading of GraniteShares 2x Short NVDA Daily ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Short NVDA Daily ETF by 1,209.1% in the 1st quarter. Optiver Holding B.V. now owns 175,687 shares of the company’s stock worth $1,326,000 after acquiring an additional 162,267 shares during the last quarter. IMC Chicago LLC bought a new position in shares of GraniteShares 2x Short NVDA Daily ETF during the 1st quarter valued at $2,222,000. Genesis Financial Group LLC raised its position in GraniteShares 2x Short NVDA Daily ETF by 67.3% in the 1st quarter. Genesis Financial Group LLC now owns 114,888 shares of the company’s stock worth $867,000 after purchasing an additional 46,225 shares during the period. MWA Asset Management purchased a new position in GraniteShares 2x Short NVDA Daily ETF in the 1st quarter worth $83,000. Finally, Group One Trading LLC bought a new stake in GraniteShares 2x Short NVDA Daily ETF in the first quarter worth $262,000.

GraniteShares 2x Short NVDA Daily ETF Company Profile

(Get Free Report)

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.