Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDS) Stock Price Down 2.5% – Here’s Why

Shares of Tradr 1.5X Short NVDA Daily ETF (NASDAQ:NVDSGet Free Report) dropped 2.5% during trading on Tuesday . The stock traded as low as $26.87 and last traded at $27.77. Approximately 1,526,592 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 2,017,570 shares. The stock had previously closed at $28.49.

Tradr 1.5X Short NVDA Daily ETF Stock Performance

The stock’s 50-day moving average is $25.98 and its two-hundred day moving average is $31.94.

Tradr 1.5X Short NVDA Daily ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $3.5859 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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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