GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) Position Trimmed by Jane Street Group LLC

Jane Street Group LLC reduced its holdings in GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD) by 48.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 463,469 shares of the company’s stock after selling 432,272 shares during the quarter. Jane Street Group LLC owned approximately 0.16% of GraniteShares 2x Short NVDA Daily ETF worth $797,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of NVD. Headlands Technologies LLC acquired a new position in GraniteShares 2x Short NVDA Daily ETF during the 2nd quarter valued at approximately $33,000. Scientech Research LLC bought a new stake in GraniteShares 2x Short NVDA Daily ETF in the second quarter valued at $178,000. Ground Swell Capital LLC boosted its holdings in shares of 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 valued at $48,000 after acquiring an additional 11,847 shares during the period. Midland Wealth Advisors LLC bought a new position in shares of GraniteShares 2x Short NVDA Daily ETF during the second quarter worth about $44,000. Finally, IHT Wealth Management LLC acquired a new stake in shares of GraniteShares 2x Short NVDA Daily ETF in the 3rd quarter worth about $1,232,000.

GraniteShares 2x Short NVDA Daily ETF Stock Up 4.7 %

Shares of NASDAQ:NVD opened at $30.05 on Thursday. The company’s 50-day moving average price is $30.88 and its 200 day moving average price is $43.00. The company has a market cap of $88.95 million, a PE ratio of -250.42 and a beta of -4.30. GraniteShares 2x Short NVDA Daily ETF has a fifty-two week low of $25.74 and a fifty-two week high of $507.75.

GraniteShares 2x Short NVDA Daily ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were issued a dividend of $2.608 per share. The ex-dividend date was Friday, December 27th. GraniteShares 2x Short NVDA Daily ETF’s dividend payout ratio (DPR) is presently -2,166.67%.

GraniteShares 2x Short NVDA Daily ETF 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.