Is Nvidia stock set for another bloodbath as short volume soars?

After weeks of decline, Nvidia (NASDAQ: NVDA) stock entered a modest recovery after March 10. Despite the rally – amounting to 14.32% by the time of the latest closing bell – being dwarfed by the preceding 23.65% drop, which started after February 20, short traders were quick to show their lack of confidence it would last.NVDA stock 30-day price chart. Source: GoogleSpecifically, for the first time in two weeks, NVDA shares short volume ratio exceeded 50 and stood at 52.18 on Thursday, March 13, and at 51.3 ...