Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Update

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 21,501 shares, an increase of 86.4% from the July 30th total of 11,537 shares. Based on an average trading volume of 110,377 shares, the days-to-cover ratio is presently 0.2 days. Approximately 4.8% of the shares of the company are short sold.

Institutional Trading of Direxion Daily AMD Bull 2X Shares

Large investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in shares of Direxion Daily AMD Bull 2X Shares during the second quarter worth $1,443,000. Cresset Asset Management LLC purchased a new stake in Direxion Daily AMD Bull 2X Shares in the third quarter valued at $407,000. Optiver Holding B.V. grew its position in Direxion Daily AMD Bull 2X Shares by 40.7% during the 1st quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock worth $1,239,000 after purchasing an additional 8,415 shares during the period. Hollencrest Capital Management purchased a new position in shares of Direxion Daily AMD Bull 2X Shares during the 4th quarter valued at about $44,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of Direxion Daily AMD Bull 2X Shares in the second quarter worth about $92,000.

Direxion Daily AMD Bull 2X Shares Stock Down 4.6%

Shares of AMUU stock traded down $8.13 during mid-day trading on Friday, reaching $168.21. The stock had a trading volume of 40,256 shares, compared to its average volume of 145,394. Direxion Daily AMD Bull 2X Shares has a 1-year low of $35.19 and a 1-year high of $293.65. The business’s fifty day moving average is $211.58 and its 200-day moving average is $146.83.

Direxion Daily AMD Bull 2X Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.6762 dividend. This represents a $2.70 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, June 23rd.

Direxion Daily AMD Bull 2X Shares Company Profile

The Direxion Daily AMD Bull 2X Shares ETF (AMUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMUU was launched on Feb 12, 2025 and is issued by Direxion.