NVD | Graniteshares 1.5X Short Nvda Daily ETF short interest and earnings date annual report Mar, 2024 (2024)

FAQs

What time does NVDA report earnings? ›

From the time it announced earnings, NVDA traded in a range between 756.06 and 974.00. The last price (762.00) is closer to the lower end of range. Next NVDA Earnings Date: NVDA is expected to release earnings on May 22, 2024 after the market closes (AMC).

GraniteShares ETF Trust - GraniteShares 2x Long NVDA Daily ETF quote is equal to 31.180 USD at 2024-04-23. Based on our forecasts, a long-term increase is expected, the "NVDL" stock price prognosis for 2029-04-13 is 405.328 USD. With a 5-year investment, the revenue is expected to be around +1199.96%.

The Fund seeks daily investment results of 2 times (200%) the daily percentage change of the common stock of NVIDIA Corporation. The Fund is an actively managed ETF that attempts to replicate 2 times the daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock.

NVIDIA (NVDA) has 28.356M shares short, which is 1.18% of float and . 48 times average daily trading volume.

In 2021, Nvidia stock was priced at $583.36 on the day prior to the company announcing its intention to split its stock. That's nearly $180 less than its current stock price, which provides strong support for the theory the company could split its stock in 2024.

The NVIDIA stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of NVDA stock is predicted to drop by -8.44% tomorrow and lose -9.39% in the next 7 days.

XLV 12 Months Forecast

Based on 66 Wall Street analysts offering 12 month price targets to XLV holdings in the last 3 months. The average price target is $161.22 with a high forecast of $186.50 and a low forecast of $133.61. The average price target represents a 16.25% change from the last price of $138.68.

VTV 12 Months Forecast

Based on 352 Wall Street analysts offering 12 month price targets to VTV holdings in the last 3 months. The average price target is $174.41 with a high forecast of $202.18 and a low forecast of $145.52. The average price target represents a 8.56% change from the last price of $160.66.

The largest levered NVDA single name ETF is NVDL, with assets of over $2 billion and massive inflows this year. As NVDA stock has surged, this ETF has had a return for the year of over 175% (as of March 31, 2024), and a one-year return of 488% (source: Bloomberg).

How do short ETFs make money? ›

In the context of ETFs, short selling allows investors to profit from a potential decrease in the ETF's value by borrowing and selling shares. This strategy can be employed to hedge against market downturns or to capitalize on perceived market trends.

For most individual investors, ETFs represent an ideal type of asset with which to build a diversified portfolio. In addition, ETFs tend to have much lower expense ratios compared to actively managed funds, can be more tax-efficient, and offer the option to immediately reinvest dividends.

NVIDIA (NVDA)

Nvidia stock shows exceptional technical strength and boasts a best-possible score of 99 on both its Composite Rating and EPS Rating. Its Relative Strength Rating of 98 also shows that it outperforms the vast majority of stocks in the Investor's Business Daily database.

The average price target for Nvidia is $1,004.92. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $1,400.00 ,the lowest forecast is $620.00. The average price target represents 14.96% Increase from the current price of $874.15.

Nvidia's data center business has already achieved exponential growth, rising from $3 billion in fiscal 2020 to $15 billion in fiscal 2023. The firm should see an even higher inflection point in fiscal 2024, as we expect data center revenue to more than double to $41 billion.

Nvidia has a conensus rating of Strong Buy which is based on 39 buy ratings, 2 hold ratings and 0 sell ratings. The average price target for Nvidia is $1,004.92. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

The stock holds a E Accumulation/Distribution Rating. That shows very little buying from institutional investors in recent months. Despite its many positives, Nvidia stock is not a buy right now. Because the stock is below the 50-day line, investors will need to wait until the stock forms a new base.

Analysts are forecasting Nvidia's revenue to increase 80% in fiscal 2025 to almost $110 billion, followed by further gains in the next two fiscal years. NVDA Revenue Estimates for Current Fiscal Year data by YCharts. Nvidia's revenue is expected to touch almost $150 billion in fiscal 2027.