T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDX) Trading Down 37.6% – Here’s Why

T-Rex 2X Long NVIDIA Daily Target ETF (BATS:NVDXGet Free Report) was down 37.6% during mid-day trading on Thursday . The company traded as low as $13.21 and last traded at $8.32. Approximately 6,900,428 shares changed hands during trading, The stock had previously closed at $13.32.

T-Rex 2X Long NVIDIA Daily Target ETF Stock Performance

The company has a market capitalization of $433.46 million, a PE ratio of 43.16 and a beta of 5.00. The business’s 50-day moving average is $13.05 and its 200-day moving average is $15.17.

About T-Rex 2X Long NVIDIA Daily Target ETF

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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.

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