T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Shares Down 8.7% – Here’s Why

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX)’s stock price traded down 8.7% during mid-day trading on Wednesday . The stock traded as low as $13.21 and last traded at $12.17. 6,900,428 shares changed hands during trading, The stock had previously closed at $13.32.

T-Rex 2X Long NVIDIA Daily Target ETF Trading Down 8.7 %

The firm has a fifty day simple moving average of $14.46 and a 200-day simple moving average of $15.25.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in T-Rex 2X Long NVIDIA Daily Target ETF stock. Vestor Capital LLC raised its holdings in shares of T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) by 900.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 22,670 shares of the company’s stock after acquiring an additional 20,403 shares during the period. Vestor Capital LLC owned approximately 0.54% of T-Rex 2X Long NVIDIA Daily Target ETF worth $320,000 at the end of the most recent reporting period.

About T-Rex 2X Long NVIDIA Daily Target ETF

The T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) 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 Corporation stock, less fees, and expenses. NVDX was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.