GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD – Get Free Report)’s stock price rose 6% during trading on Monday . The company traded as high as $4.60 and last traded at $4.57. 64,313,227 shares changed hands during trading, a decline of 10% from the average session volume of 71,516,109 shares. The stock had previously closed at $4.31.
GraniteShares 2x Short NVDA Daily ETF Price Performance
The company’s fifty day simple moving average is $4.78 and its 200-day simple moving average is $5.65. The firm has a market capitalization of $50.13 million, a PE ratio of -38.08 and a beta of -3.06.
Institutional Trading of GraniteShares 2x Short NVDA Daily ETF
A number of institutional investors have recently made changes to their positions in the business. Optiver Holding B.V. increased 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 valued at $1,326,000 after buying an additional 162,267 shares in the last quarter. Genesis Financial Group LLC boosted its holdings in GraniteShares 2x Short NVDA Daily ETF by 67.3% in the first quarter. Genesis Financial Group LLC now owns 114,888 shares of the company’s stock worth $867,000 after acquiring an additional 46,225 shares in the last quarter. MWA Asset Management acquired a new stake in GraniteShares 2x Short NVDA Daily ETF in the first quarter worth about $83,000. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Short NVDA Daily ETF during the first quarter worth about $262,000. Finally, IMC Chicago LLC purchased a new stake in shares of GraniteShares 2x Short NVDA Daily ETF during the first quarter worth about $2,222,000.
GraniteShares 2x Short NVDA Daily ETF Company Profile
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.
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