REX NVDA Growth & Income ETF (BATS:NVII) Sees Large Drop in Short Interest

REX NVDA Growth & Income ETF (BATS:NVII) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 5,129 shares, a drop of 89.7% from the June 15th total of 49,825 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average trading volume of 148,204 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On REX NVDA Growth & Income ETF

A hedge fund recently raised its position in REX NVDA Growth & Income ETF stock. Mariner LLC lifted its stake in shares of REX NVDA Growth & Income ETF (BATS:NVII) by 54.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,100 shares of the company’s stock after buying an additional 3,900 shares during the quarter. Mariner LLC owned about 5.29% of REX NVDA Growth & Income ETF worth $357,000 as of its most recent filing with the Securities & Exchange Commission.

REX NVDA Growth & Income ETF Price Performance

BATS NVII traded up $0.86 during trading on Friday, reaching $25.05. 90,419 shares of the company’s stock were exchanged, compared to its average volume of 122,522. The business has a 50 day moving average price of $26.02 and a 200-day moving average price of $26.37. REX NVDA Growth & Income ETF has a fifty-two week low of $22.44 and a fifty-two week high of $34.58.

REX NVDA Growth & Income ETF Company Profile

The REX NVDA Growth & Income ETF (NVII) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide weekly income distributions through a covered call strategy on Nvidia (NVDA), while also aiming for daily results that correspond to 105% to 150% of NVDA’s share price performance, before fees and expenses. The actively managed fund uses both standardized exchange-traded and FLEX options, collateralized by US treasuries. NVII was launched on May 28, 2025 and is issued by REX Shares.