T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Shares Down 6.8% – Here’s What Happened

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX)’s share price fell 6.8% during trading on Monday . The company traded as low as $17.45 and last traded at $17.79. Approximately 5,031,434 shares were traded during trading, a decline of 53% from the average session volume of 10,695,394 shares. The stock had previously closed at $19.08.

T-Rex 2X Long NVIDIA Daily Target ETF Price Performance

The stock has a 50 day simple moving average of $18.80 and a two-hundred day simple moving average of $18.01. The company has a market cap of $799.42 million, a price-to-earnings ratio of 42.82 and a beta of 5.00.

Institutional Investors Weigh In On T-Rex 2X Long NVIDIA Daily Target ETF

An institutional investor recently raised its stake in T-Rex 2X Long NVIDIA Daily Target ETF stock. Vestor Capital LLC lifted its stake in T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) by 380.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 22,407 shares of the company’s stock after acquiring an additional 17,745 shares during the quarter. Vestor Capital LLC owned 0.05% of T-Rex 2X Long NVIDIA Daily Target ETF worth $312,000 at the end of the most recent reporting period.

About T-Rex 2X Long NVIDIA Daily Target ETF

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of NVIDIA Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.