Short Interest in Roundhill NVDA WeeklyPay ETF (BATS:NVDW) Declines By 41.7%

Roundhill NVDA WeeklyPay ETF (BATS:NVDW) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 34,547 shares, a decline of 41.7% from the June 15th total of 59,272 shares. Based on an average daily trading volume, of 59,738 shares, the days-to-cover ratio is presently 0.6 days. Approximately 11.1% of the shares of the stock are sold short.

Roundhill NVDA WeeklyPay ETF Stock Performance

NVDW opened at $36.49 on Friday. The stock has a market capitalization of $11.31 million and a price-to-earnings ratio of 60.33. The company has a fifty day moving average of $38.68 and a 200 day moving average of $38.66. Roundhill NVDA WeeklyPay ETF has a fifty-two week low of $31.77 and a fifty-two week high of $54.05.

About Roundhill NVDA WeeklyPay ETF

The Tradr 1.75X Long NVDA Weekly ETF (NVDW) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, seeking to provide 1.75x the exposure to the weekly price return of the Nvidia stock (NVDA) through swap agreements with major global financial institutions. NVDW was launched on Sep 3, 2024 and is issued by Tradr.