Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Trading 1.3% Higher – Here’s What Happened

Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDSGet Free Report) shot up 1.3% during mid-day trading on Friday . The stock traded as high as $26.01 and last traded at $25.67. 1,094,058 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 1,490,278 shares. The stock had previously closed at $25.35.

Tradr 1.5X Short NVDA Daily ETF Price Performance

The stock’s 50-day moving average is $33.36 and its 200 day moving average is $41.55.

Tradr 1.5X Short NVDA Daily ETF Company Profile

(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.

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