Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Up 86.4% in August

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUUGet Free Report) saw a large increase in short interest during 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. Approximately 4.8% of the shares of the company are sold short. Based on an average daily trading volume, of 110,377 shares, the days-to-cover ratio is presently 0.2 days.

Direxion Daily AMD Bull 2X Shares Trading Up 1.3%

Shares of AMUU opened at $170.32 on Monday. Direxion Daily AMD Bull 2X Shares has a 52 week low of $35.19 and a 52 week high of $293.65. The firm’s 50-day simple moving average is $211.58 and its 200 day simple moving average is $147.51.

Direxion Daily AMD Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.6762 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Tuesday, June 23rd.

Institutional Trading of Direxion Daily AMD Bull 2X Shares

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares during the second quarter worth $1,443,000. Optiver Holding B.V. raised its stake in Direxion Daily AMD Bull 2X Shares by 40.7% in 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 in the last quarter. Cresset Asset Management LLC bought a new stake in Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at about $407,000. Hollencrest Capital Management acquired a new position in shares of Direxion Daily AMD Bull 2X Shares during the 4th quarter worth approximately $44,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Direxion Daily AMD Bull 2X Shares during the 2nd quarter worth approximately $92,000.

About Direxion Daily AMD Bull 2X Shares

(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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