Flow Traders U.S. LLC Sells 523,221 Shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)

Flow Traders U.S. LLC reduced its position in shares of GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) by 81.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,133 shares of the company’s stock after selling 523,221 shares during the quarter. Flow Traders U.S. LLC owned about 4.02% of GraniteShares 2x Short NVDA Daily ETF worth $205,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in shares of GraniteShares 2x Short NVDA Daily ETF in the 2nd quarter worth approximately $33,000. Scientech Research LLC bought a new position in GraniteShares 2x Short NVDA Daily ETF in the second quarter worth approximately $178,000. Ground Swell Capital LLC lifted its holdings in GraniteShares 2x Short NVDA Daily ETF by 117.5% during the second quarter. Ground Swell Capital LLC now owns 21,929 shares of the company’s stock worth $48,000 after buying an additional 11,847 shares during the period. Finally, Midland Wealth Advisors LLC bought a new stake in GraniteShares 2x Short NVDA Daily ETF during the 2nd quarter valued at $44,000.

GraniteShares 2x Short NVDA Daily ETF Trading Up 3.5 %

NVD opened at $29.53 on Friday. The firm has a market cap of $87.41 million, a price-to-earnings ratio of -246.08 and a beta of -4.30. GraniteShares 2x Short NVDA Daily ETF has a 12 month low of $25.74 and a 12 month high of $620.83. The stock has a fifty day moving average price of $32.59 and a 200-day moving average price of $47.91.

GraniteShares 2x Short NVDA Daily ETF Company Profile

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.