Short Interest in Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) Drops By 46.1%

Leverage Shares 2x Long NVDA Daily ETF (NASDAQ:NVDG) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 234,254 shares, a drop of 46.1% from the June 15th total of 434,774 shares. Based on an average trading volume of 180,572 shares, the short-interest ratio is presently 1.3 days. Currently, 8.9% of the company’s stock are sold short.

Leverage Shares 2x Long NVDA Daily ETF Price Performance

Shares of NASDAQ:NVDG traded down $0.65 during trading on Friday, reaching $17.44. 346,967 shares of the stock were exchanged, compared to its average volume of 361,771. Leverage Shares 2x Long NVDA Daily ETF has a 1-year low of $12.34 and a 1-year high of $25.34. The stock has a fifty day moving average of $19.09 and a two-hundred day moving average of $17.30.

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.