Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) Stock Short Interest Drops 47.4%

Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 50,425 shares, a decrease of 47.4% from the September 30th total of 95,781 shares. Based on an average daily trading volume, of 38,097 shares, the short-interest ratio is currently 1.3 days. Approximately 11.7% of the shares of the stock are short sold.

Leverage Shares 2x Long AMD Daily ETF Trading Down 7.1%

Shares of AMDG traded down $6.14 on Monday, reaching $79.83. The stock had a trading volume of 15,813 shares, compared to its average volume of 92,277. The company has a 50-day simple moving average of $109.20 and a 200-day simple moving average of $76.30. Leverage Shares 2x Long AMD Daily ETF has a 12-month low of $18.31 and a 12-month high of $154.32.

About Leverage Shares 2x Long AMD Daily ETF

The Leverage Shares 2X Long AMD Daily ETF (AMDG) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of AMD stock, less fees, and expenses. The fund uses derivatives to pursue its objective, holdings are used as collateral. AMDG was launched on Jan 24, 2025 and is issued by Leverage Shares.