Short Interest in Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Decreases By 67.5%

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUUGet Free Report) was the recipient 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. Based on an average daily volume of 141,126 shares, the short-interest ratio is presently 0.1 days. Currently, 3.4% of the shares of the company are sold short.

Direxion Daily AMD Bull 2X Shares Stock Performance

NASDAQ:AMUU opened at $183.42 on Thursday. The company has a fifty day moving average of $143.18 and a two-hundred day moving average of $85.15. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.2253 per share. The ex-dividend date was Tuesday, March 24th. This represents a $0.90 dividend on an annualized basis and a yield of 0.5%.

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

A number of large investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. raised its position in Direxion Daily AMD Bull 2X Shares by 40.7% during the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock worth $1,239,000 after acquiring an additional 8,415 shares during the period. Hollencrest Capital Management acquired a new position in Direxion Daily AMD Bull 2X Shares during the fourth quarter worth $44,000. Cresset Asset Management LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the third quarter worth $407,000. SBI Securities Co. Ltd. acquired a new position in Direxion Daily AMD Bull 2X Shares during the third quarter worth $78,000. Finally, Jane Street Group LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the second quarter worth $1,443,000.

Direxion Daily AMD Bull 2X Shares Company Profile

(Get Free Report)

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.

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