Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Up 126.9% in May

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDDGet Free Report) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 696,917 shares, a growth of 126.9% from the May 14th total of 307,086 shares. Based on an average trading volume of 17,047,774 shares, the short-interest ratio is presently 0.0 days. Currently, 16.4% of the shares of the stock are short sold.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Optiver Holding B.V. increased its holdings in Direxion Daily AMD Bear 1X Shares by 103.2% in the third quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock valued at $1,016,000 after purchasing an additional 35,733 shares during the period. Jump Financial LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the fourth quarter valued at $583,000. IMC Chicago LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the first quarter valued at $551,000. OLD Mission Capital LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the fourth quarter valued at $525,000. Finally, Citadel Advisors LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the third quarter valued at $587,000.

Direxion Daily AMD Bear 1X Shares Stock Performance

NASDAQ AMDD opened at $3.10 on Monday. Direxion Daily AMD Bear 1X Shares has a twelve month low of $2.97 and a twelve month high of $21.33. The stock has a fifty day simple moving average of $4.88 and a 200 day simple moving average of $7.67.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were issued a $0.1138 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 14.7%. The ex-dividend date was Tuesday, March 24th.

About Direxion Daily AMD Bear 1X Shares

(Get Free Report)

The Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.

Recommended Stories

Receive News & Ratings for Direxion Daily AMD Bear 1X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily AMD Bear 1X Shares and related companies with MarketBeat.com's FREE daily email newsletter.