Short Interest in Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Increases By 370.9%

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 120,827 shares, an increase of 370.9% from the December 31st total of 25,657 shares. Approximately 15.7% of the company’s stock are sold short. Based on an average daily trading volume, of 168,153 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 168,153 shares, the short-interest ratio is presently 0.7 days. Approximately 15.7% of the company’s stock are sold short.

Direxion Daily AMD Bull 2X Shares Price Performance

Shares of Direxion Daily AMD Bull 2X Shares stock opened at $74.38 on Thursday. Direxion Daily AMD Bull 2X Shares has a 1 year low of $11.12 and a 1 year high of $101.84. The stock has a 50-day moving average price of $59.90 and a 200 day moving average price of $58.19.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were issued a dividend of $0.3171 per share. This represents a $1.27 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, December 23rd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares during the 2nd quarter valued at $1,443,000. Optiver Holding B.V. boosted its position in Direxion Daily AMD Bull 2X Shares by 410.5% during the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock valued at $886,000 after purchasing an additional 17,514 shares during the last quarter. Cresset Asset Management LLC acquired a new stake in Direxion Daily AMD Bull 2X Shares during the third quarter valued at $407,000. SBI Securities Co. Ltd. purchased a new position in Direxion Daily AMD Bull 2X Shares in the third quarter valued at about $78,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in Direxion Daily AMD Bull 2X Shares in the 3rd quarter worth about $25,000.

About Direxion Daily AMD Bull 2X Shares

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.