Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Update

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 307,086 shares, an increase of 62.5% from the April 30th total of 188,956 shares. Based on an average trading volume of 22,508,651 shares, the short-interest ratio is presently 0.0 days. Currently, 7.2% of the company’s shares are short sold.

Direxion Daily AMD Bear 1X Shares Price Performance

Shares of NASDAQ AMDD opened at $3.11 on Thursday. Direxion Daily AMD Bear 1X Shares has a 1-year low of $2.97 and a 1-year high of $21.45. The business’s 50 day moving average is $5.66 and its two-hundred day moving average is $7.97.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a dividend of $0.1138 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.46 annualized dividend and a dividend yield of 14.6%.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

A number of institutional investors have recently bought and sold shares of AMDD. Renaissance Technologies LLC bought a new position in Direxion Daily AMD Bear 1X Shares during the first quarter valued at $116,000. Jane Street Group LLC purchased a new position in shares of Direxion Daily AMD Bear 1X Shares during the 2nd quarter worth about $225,000. Susquehanna International Group LLP bought a new position in Direxion Daily AMD Bear 1X Shares during the 3rd quarter valued at about $292,000. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily AMD Bear 1X Shares in the 1st quarter worth about $664,000. Finally, Optiver Holding B.V. lifted its stake in Direxion Daily AMD Bear 1X Shares by 103.2% in the third quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock worth $1,016,000 after purchasing an additional 35,733 shares during the last quarter.

Direxion Daily AMD Bear 1X Shares Company Profile

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.