Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) shares dropped 5.6% during trading on Wednesday . The stock traded as low as $22.78 and last traded at $23.46. Approximately 2,863,561 shares traded hands during trading, an increase of 55% from the average daily volume of 1,847,964 shares. The stock had previously closed at $24.85.
Tradr 1.5X Short NVDA Daily ETF Stock Down 5.6 %
The company’s 50 day moving average price is $24.31 and its two-hundred day moving average price is $29.39. The firm has a market cap of $40.82 million, a PE ratio of 37.60 and a beta of 4.19.
Tradr 1.5X Short NVDA Daily ETF Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $3.5859 per share. The ex-dividend date of this dividend was Monday, December 23rd.
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.
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