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Short Sellers Suddenly Remember NVDA Only Goes Up, Flee 2x Inverse ETF in Panic

Sep 17, 2026
Summary
Who
GraniteShares 2x Short NVDA Daily ETF (NASDAQ:NVD)
What
Short interest collapsed 49.9% in the second half of August, dropping from 5.96 million to 2.99 million shares
When
August 31, 2026
Where
NASDAQ
The Story

GraniteShares 2x Short NVDA Daily ETF reported short interest of 2,986,156 shares as of August 31, a decline of 49.9% from the August 15 total of 5,962,961 shares. The fund trades with an average daily volume of 85,130,666 shares. The ETF seeks daily investment results corresponding to two times the inverse of the daily performance of NVIDIA Corporation common stock.

Editorial

Nothing focuses the mind like a leveraged bet against Jensen Huang's leather jacket collection.

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Sources
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