Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Short Interest Update

Posted by Doug Wharley on Mar 12th, 2025

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS – Get Free Report) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 38,600 shares, a drop of 84.5% from the February 13th total of 249,500 shares. Based on an average daily volume of 1,648,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.1% of the company’s shares are short sold.

Tradr 1.5X Short NVDA Daily ETF Price Performance

NASDAQ:NVDS traded down $2.87 during mid-day trading on Wednesday, reaching $27.09. 1,760,425 shares of the company’s stock traded hands, compared to its average volume of 1,678,292. The company has a 50 day moving average price of $24.77 and a 200-day moving average price of $28.79. The firm has a market capitalization of $49.57 million, a price-to-earnings ratio of 48.65 and a beta of -2.43. Tradr 1.5X Short NVDA Daily ETF has a 12-month low of $20.68 and a 12-month high of $78.27.

Tradr 1.5X Short NVDA Daily ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $3.5859 per share. The ex-dividend date was Monday, December 23rd.

About Tradr 1.5X Short NVDA Daily ETF

(Get Free Report)

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.