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

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 20,159 shares, a decline of 67.5% from the May 14th total of 61,934 shares. Currently, 3.4% of the shares of the company are short sold. Based on an average trading volume of 141,126 shares, the days-to-cover ratio is currently 0.1 days.

Direxion Daily AMD Bull 2X Shares Stock Performance

Shares of Direxion Daily AMD Bull 2X Shares stock traded up $20.55 during trading on Friday, reaching $232.56. The company’s stock had a trading volume of 184,230 shares, compared to its average volume of 169,148. The company has a 50-day moving average price of $150.31 and a two-hundred day moving average price of $87.26. Direxion Daily AMD Bull 2X Shares has a fifty-two week low of $22.69 and a fifty-two week high of $272.68.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a $0.2253 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Direxion Daily AMD Bull 2X Shares

Several institutional investors have recently bought and sold shares of AMUU. Hollencrest Capital Management acquired a new position in Direxion Daily AMD Bull 2X Shares in the 4th quarter valued at $44,000. SBI Securities Co. Ltd. acquired a new position in Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $78,000. Cresset Asset Management LLC acquired a new position in Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $407,000. Optiver Holding B.V. increased its stake in Direxion Daily AMD Bull 2X Shares by 410.5% in the 3rd quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock valued at $886,000 after buying an additional 17,514 shares during the period. Finally, Jane Street Group LLC acquired a new position in Direxion Daily AMD Bull 2X Shares in the 2nd quarter valued at $1,443,000.

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.