Short sellers in Nvidia $NVDA made $6.7 Billion in paper-profits yesterday - Ortex
$NVDA - NVIDIA SHORT SELLERS RAKE IN $6.7 BILLION IN PROFIT AFTER STOCK'S NEAR 17% DROP ON MONDAY IN RECORD SINGLE-DAY GAIN - ORTEX DATA
NVIDIA SHORT SELLERS POCKET $6.7B IN PROFITS AFTER STOCK PLUNGES NEAR 17% ON MONDAY, MARKING RECORD SINGLE-DAY GAIN – ORTEX DATA $NVDA

Nvidia's stock experienced a sharp decline of nearly 17% on Monday, resulting in short sellers profiting approximately $6.7 billion, according to data from Ortex. This drop marks a record single-day gain for short sellers. Additionally, the 3x Leveraged Long NVIDIA ETP Fund saw a drastic decrease of 52%, leading to nearly $90 million in losses, while the 2x Leveraged Long NVIDIA ETF fell by 34%, the largest drop in the fund's history.