Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Short Interest Down 32.2% in November

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 312,000 shares, a drop of 32.2% from the October 31st total of 460,500 shares. Based on an average trading volume of 1,969,900 shares, the short-interest ratio is currently 0.2 days.

Tradr 1.5X Short NVDA Daily ETF Price Performance

NVDS stock traded down $0.92 during midday trading on Friday, hitting $28.02. 499,580 shares of the company’s stock were exchanged, compared to its average volume of 1,481,438. The firm has a 50 day moving average price of $29.49 and a 200-day moving average price of $37.63. Tradr 1.5X Short NVDA Daily ETF has a 12-month low of $24.15 and a 12-month high of $187.15.

About Tradr 1.5X Short NVDA Daily ETF

The AXS 1.25X NVDA Bear Daily ETF (NVDS) is an exchange-traded fund that is based on the NVIDIA Corporation index. The fund provides inverse (-1.25x) exposure, less fees and expenses, to the daily price movement for shares of Nvidia stock. NVDS was launched on Jul 14, 2022 and is managed by AXS Investments.