🔴 NVDL is trading 67.8% down today following a 3-for-1 forward split and broader tech sector weakness

NVDL is trading 67.8% down today primarily due to a mechanical 3-for-1 forward split adjustment, alongside broader selling pressure across the semiconductor and technology sectors.

• The GraniteShares 3-for-1 forward split became effective before the June 26 open, meaning the current quoted price is split-adjusted and does not represent a direct economic loss.
• The ETF is also facing downward pressure from a weak semiconductor and AI tape, as broader tech selling weighs on NVIDIA-linked investment products.