Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU) Sees Large Drop in Short Interest

Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 11,527 shares, a decline of 83.0% from the September 15th total of 67,866 shares. Based on an average daily volume of 49,025 shares, the short-interest ratio is presently 0.2 days. Currently, 2.3% of the shares of the stock are sold short.

Institutional Trading of Direxion Daily AMD Bull 2X ETF

A hedge fund recently bought a new stake in Direxion Daily AMD Bull 2X ETF stock. Tucker Asset Management LLC acquired a new stake in Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 318 shares of the company’s stock, valued at approximately $92,000. Tucker Asset Management LLC owned 0.07% of Direxion Daily AMD Bull 2X ETF as of its most recent SEC filing.

Direxion Daily AMD Bull 2X ETF Stock Performance

AMUU traded down $10.95 during trading on Friday, reaching $275.69. The stock had a trading volume of 24,124 shares, compared to its average volume of 130,810. Direxion Daily AMD Bull 2X ETF has a 1-year low of $37.95 and a 1-year high of $322.48. The stock has a 50 day moving average of $217.57 and a two-hundred day moving average of $188.02.

Direxion Daily AMD Bull 2X ETF 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.