Nvidia stock short ratio hits two-week high as NVDA closes in on $150

Nvidia (NASDAQ: NVDA) has been one of the most remarkable stock market performers in 2024 and has, in many ways, become emblematic of the ongoing artificial intelligence (AI) boom.Simultaneously, the semiconductor giant’s shares have been among the assets that massively benefitted from Donald Trump’s victory in the 2024 presidential election. This is exemplified by the fact that NVDA stock is 6.38% in the last five sessions but has surged 6.48% since election day on November 5.NVDA 5-day stock price. Source ...