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Competitors
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NVTC seeks to deliver 200% of the daily performance of Navitas Semiconductor Corporation (NASDAQ: NVTS), through derivatives such as swap agreements and exchange-traded equity futures to create leveraged exposure. Navitas engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The portfolio is rebalanced at the end of each trading day to maintain its targeted leverage level, meaning returns over periods longer than a single day can differ significantly from two times the cumulative return of NVTS due to compounding effects. Collateral supporting these derivative positions may be invested in money market instruments, repurchase agreements, or short-term US government securities.
The current price of NVTC is $5.60 USD — it has decreased by -16.91% in the past 24 hours. Watch Corgi NVTS 2x Daily stock price performance more closely on the chart.
What is Corgi NVTS 2x Daily stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on BATS exchange Corgi NVTS 2x Daily stocks are traded under the ticker NVTC.
In which sector is Corgi NVTS 2x Daily located?▼
Corgi NVTS 2x Daily operates in the Finance & Payments sector.
When did Corgi NVTS 2x Daily complete a stock split?▼
Corgi NVTS 2x Daily has not had any recent stock splits.
Where is Corgi NVTS 2x Daily headquartered?▼
Corgi NVTS 2x Daily is headquartered in San Francisco, United States.