Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Sees Large Drop in Short Interest

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDDGet Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 14,552 shares, a drop of 86.3% from the July 15th total of 106,175 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 893,402 shares, the short-interest ratio is currently 0.0 days.

Direxion Daily AMD Bear 1X Shares Stock Down 0.9%

Shares of AMDD opened at $30.28 on Wednesday. Direxion Daily AMD Bear 1X Shares has a twelve month low of $26.10 and a twelve month high of $157.30. The firm’s 50 day moving average price is $29.76 and its two-hundred day moving average price is $57.59.

Direxion Daily AMD Bear 1X Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $0.249 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 3.3%.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

Institutional investors have recently modified their holdings of the company. IMC Chicago LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the 1st quarter valued at approximately $551,000. Citadel Advisors LLC bought a new stake in shares of Direxion Daily AMD Bear 1X Shares in the third quarter worth $587,000. Goldman Sachs Group Inc. acquired a new position in Direxion Daily AMD Bear 1X Shares during the first quarter worth $664,000. OLD Mission Capital LLC acquired a new position in Direxion Daily AMD Bear 1X Shares during the fourth quarter worth $525,000. Finally, Jump Financial LLC bought a new position in Direxion Daily AMD Bear 1X Shares in the fourth quarter valued at $583,000.

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.

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