Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Sees Large Increase in Short Interest

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 218,288 shares, a growth of 893.1% from the May 14th total of 21,981 shares. Based on an average trading volume of 446,152 shares, the short-interest ratio is presently 0.5 days. Currently, 18.3% of the company’s stock are sold short.

Leverage Shares 2x Long NVDA Daily ETF Stock Up 1.4%

Shares of NVDG stock traded up $0.24 during trading hours on Thursday, hitting $17.70. 213,825 shares of the company were exchanged, compared to its average volume of 390,949. The business has a 50 day moving average of $18.88 and a two-hundred day moving average of $17.38. Leverage Shares 2x Long NVDA Daily ETF has a 52 week low of $12.11 and a 52 week high of $25.34.

About Leverage Shares 2x Long NVDA Daily ETF

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) 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 stock, less fees, and expenses. NVDG was launched on Dec 13, 2024 and is issued by Leverage Shares.