Shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD – Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $48.71 and traded as low as $30.50. GraniteShares 2x Short NVDA Daily ETF shares last traded at $30.57, with a volume of 650,843 shares traded.
GraniteShares 2x Short NVDA Daily ETF Stock Down 2.3 %
The stock has a market capitalization of $90.49 million, a P/E ratio of -254.75 and a beta of -4.30. The company has a fifty day moving average price of $33.38 and a 200-day moving average price of $48.71.
Institutional Trading of GraniteShares 2x Short NVDA Daily ETF
Hedge funds have recently modified their holdings of the company. IHT Wealth Management LLC purchased a new position in shares of GraniteShares 2x Short NVDA Daily ETF in the third quarter valued at $1,232,000. Scientech Research LLC purchased a new position in shares of GraniteShares 2x Short NVDA Daily ETF in the 2nd quarter worth $178,000. Ground Swell Capital LLC increased its holdings in shares of GraniteShares 2x Short NVDA Daily ETF by 117.5% in the 2nd quarter. Ground Swell Capital LLC now owns 21,929 shares of the company’s stock worth $48,000 after buying an additional 11,847 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of GraniteShares 2x Short NVDA Daily ETF during the 2nd quarter valued at about $33,000. Finally, Midland Wealth Advisors LLC bought a new position in shares of GraniteShares 2x Short NVDA Daily ETF in the 2nd quarter valued at about $44,000.
About GraniteShares 2x Short NVDA Daily ETF
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.
Recommended Stories
- Five stocks we like better than GraniteShares 2x Short NVDA Daily ETF
- What Is WallStreetBets and What Stocks Are They Targeting?
- Beyond NVIDIA: Top 5 Semiconductor Stocks to Watch for 2025
- What is a Stock Market Index and How Do You Use Them?
- Netflix Is On Track To Hit $1,000 By Christmas
- How to Use High Beta Stocks to Maximize Your Investing Profits
- UMAC Stock Climbs Amid Trump Jr. Appointment and Meme Stock Hype
Receive News & Ratings for GraniteShares 2x Short NVDA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Short NVDA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
