Short Interest in Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Grows By 126.9%

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 696,917 shares, a growth of 126.9% from the May 14th total of 307,086 shares. Currently, 16.4% of the company’s shares are sold short. Based on an average trading volume of 17,047,774 shares, the short-interest ratio is currently 0.0 days.

Direxion Daily AMD Bear 1X Shares Stock Performance

Shares of NASDAQ:AMDD traded down $0.14 during mid-day trading on Friday, reaching $3.10. The stock had a trading volume of 18,124,764 shares, compared to its average volume of 17,353,146. The firm has a 50 day simple moving average of $4.88 and a two-hundred day simple moving average of $7.68. Direxion Daily AMD Bear 1X Shares has a twelve month low of $2.97 and a twelve month high of $21.33.

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Direxion Daily AMD Bear 1X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a $0.1138 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 14.7%. The ex-dividend date was Tuesday, March 24th.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

A number of hedge funds have recently modified their holdings of the company. Optiver Holding B.V. raised its position in shares of Direxion Daily AMD Bear 1X Shares by 103.2% in the 3rd quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock valued at $1,016,000 after acquiring an additional 35,733 shares during the period. Jump Financial LLC acquired a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 4th quarter valued at approximately $583,000. IMC Chicago LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares during the 1st quarter worth approximately $551,000. OLD Mission Capital LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares during the 4th quarter worth approximately $525,000. Finally, Citadel Advisors LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares during the 3rd quarter worth approximately $587,000.

Direxion Daily AMD Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.

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