Jane Street Group LLC Decreases Stake in GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)

Jane Street Group LLC lessened its holdings in shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) by 48.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 463,469 shares of the company’s stock after selling 432,272 shares during the quarter. Jane Street Group LLC owned 15.66% of GraniteShares 2x Short NVDA Daily ETF worth $797,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of NVD. IHT Wealth Management LLC acquired a new position in shares of GraniteShares 2x Short NVDA Daily ETF during the third quarter worth about $1,232,000. Scientech Research LLC acquired a new position in GraniteShares 2x Short NVDA Daily ETF during the 2nd quarter worth approximately $178,000. Midland Wealth Advisors LLC purchased a new position in GraniteShares 2x Short NVDA Daily ETF in the 2nd quarter worth approximately $44,000. Headlands Technologies LLC purchased a new position in GraniteShares 2x Short NVDA Daily ETF in the 2nd quarter worth approximately $33,000. Finally, Ground Swell Capital LLC grew its position in GraniteShares 2x Short NVDA Daily ETF by 117.5% in the second quarter. Ground Swell Capital LLC now owns 21,929 shares of the company’s stock valued at $48,000 after acquiring an additional 11,847 shares in the last quarter.

GraniteShares 2x Short NVDA Daily ETF Trading Up 4.7 %

NASDAQ NVD opened at $30.05 on Thursday. The stock has a market cap of $88.95 million, a P/E ratio of -250.42 and a beta of -4.30. The company’s fifty day simple moving average is $30.88 and its 200-day simple moving average is $43.00. GraniteShares 2x Short NVDA Daily ETF has a 52 week low of $25.74 and a 52 week high of $507.75.

GraniteShares 2x Short NVDA Daily ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were issued a $2.608 dividend. The ex-dividend date of this dividend was Friday, December 27th. GraniteShares 2x Short NVDA Daily ETF’s dividend payout ratio is currently -2,166.67%.

About GraniteShares 2x Short NVDA Daily ETF

The GraniteShares 2x Short NVDA Daily ETF (NVD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVD was launched on Aug 21, 2023 and is issued by GraniteShares.