Nvidia holds top of IBKR’s most-active list even as the AI star’s stock ‘meanders’

Interactive Brokers (IBKR) said Nvidia’s (NASDAQ:NVDA) stock and options continued to attract investors on its trading platform over the past week, despite the range bound stock price.

The AI chipmaker (NVDA) once again topped IBKR’s weekly list of the 25 most-active symbols. The list published Tuesday showed Nvidia (NVDA) saw gross trades of 656.6K across its stock and options over the prior five business days. The stock logged positive net trade of 79.7K trades on the platform.

IBKR’s Chief Strategist Steve Sosnick pointed out the amount of net buying activity “even as the stock meanders,” he said. “Nothing comes remotely close, even in another week when all stocks except the 25th showed net buying,” he said.

The 25th spot was occupied by Regis (RGS). “The microcap chain of hair salons quadrupled after refinancing its debt last week,” Sosnick said.

Nvidia stock (NVDA) has been pulling back after recently and briefly becoming the world’s largest publicly listed company by capturing a $3.35T market capitalization. The stock over the past week has lost about 2% but is still up 151% YTD.

Meanwhile, GameStop (GME) and Chewy (CHWY) – favorites of high-profile individual investor Keith Gill AKA Roaring Kitty – were in 16th and 23rd places, respectively, on IBKR’s list. Activity was only mildly to the buy side, and the list rankings likely indicate IBKR’s customers view those names as “trading rather than investment vehicles,” Sosnick said.

See below for the full data on the IBKR 25 most-active list: