Justin Sullivan
Interactive Brokers (IBKR) said that Nvidia (NASDAQ:NVDA) stocks and options continued to attract investors to their trading platform over the past week, despite the limited range in the stock price.
artificial intelligence chipmaker NVDA once again topped IBKR's weekly list The 25 most active symbols. The list published on Tuesday showed that Nvidia (NVDA) recorded 656,600 gross trades in stocks and options over the previous five business days. The stock recorded a positive net volume of 79,700 trades on the platform.
IBKR chief strategist Steve Sosnick highlighted the amount of net buying activity “even as stocks swing,” he said. “Nothing comes even remotely close, even in another week where all but the 25th stock showed net buying,” he said.
At number 25 was Regis (RGS). “The micro-cap hair salon chain quadrupled its debt after refinancing last week,” Sosnick said.
Shares of Nvidia (NVDA) have been on a pullback after recently and briefly becoming the world’s largest publicly traded company by capturing a market capitalization of $3.35 trillion. The stock has lost about 2% over the past week, but is still up 151% so far this year.
Meanwhile, GameStop (GME) and Chewy (CHWY), favorites of high-profile individual investor Keith Gill, aka Roaring Kitty, ranked 16th and 23rd, respectively, on IBKR’s list. Activity was only moderately on the buy side, and the list rankings likely indicate that IBKR clients view those names as “trading vehicles rather than investment vehicles,” Sosnick said.
See below for full details of the IBKR Top 25 list:
