GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) Stock Short Interest Falls 49.0%

Posted by Lauren Steadman on Oct 31st, 2026

GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,720,245 shares, a drop of 49.0% from the September 30th total of 3,373,054 shares. Approximately 12.7% of the shares of the company are sold short. Based on an average daily trading volume, of 77,746,139 shares, the days-to-cover ratio is presently 0.0 days.

GraniteShares 2x Short NVDA Daily ETF Stock Performance

NASDAQ NVD traded up $0.34 on Friday, reaching $4.43. The stock had a trading volume of 143,157,323 shares, compared to its average volume of 76,886,938. GraniteShares 2x Short NVDA Daily ETF has a 12-month low of $3.19 and a 12-month high of $9.76. The business’s 50-day moving average price is $3.87 and its 200 day moving average price is $5.33. The stock has a market cap of $67.82 million, a P/E ratio of -36.92 and a beta of -3.07.

Hedge Funds Weigh In On GraniteShares 2x Short NVDA Daily ETF

A number of institutional investors have recently modified their holdings of NVD. IMC Chicago LLC acquired a new stake in GraniteShares 2x Short NVDA Daily ETF during the 1st quarter worth $2,222,000. Optiver Holding B.V. grew its position in GraniteShares 2x Short NVDA Daily ETF by 1,209.1% during the 1st quarter. Optiver Holding B.V. now owns 175,687 shares of the company’s stock worth $1,326,000 after purchasing an additional 162,267 shares during the last quarter. Genesis Financial Group LLC grew its position in GraniteShares 2x Short NVDA Daily ETF by 67.3% during 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 last quarter. Group One Trading LLC purchased a new position in GraniteShares 2x Short NVDA Daily ETF during the 1st quarter worth $262,000. Finally, MWA Asset Management acquired a new position in GraniteShares 2x Short NVDA Daily ETF in the first quarter valued at $83,000.

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.