Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Down 71.6% in July

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 8,071 shares, a decrease of 71.6% from the June 30th total of 28,417 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 94,438 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Direxion Daily AMD Bull 2X Shares

Institutional investors have recently added to or reduced their stakes in the stock. Cresset Asset Management LLC purchased a new stake in Direxion Daily AMD Bull 2X Shares in the 3rd quarter worth $407,000. Jane Street Group LLC purchased a new position in Direxion Daily AMD Bull 2X Shares during the second quarter valued at $1,443,000. Hollencrest Capital Management acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the fourth quarter valued at about $44,000. Finally, Optiver Holding B.V. grew its position in shares of Direxion Daily AMD Bull 2X Shares by 40.7% in the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock valued at $1,239,000 after purchasing an additional 8,415 shares during the period.

Direxion Daily AMD Bull 2X Shares Stock Performance

AMUU stock traded down $35.68 during mid-day trading on Tuesday, reaching $166.69. 50,791 shares of the company’s stock were exchanged, compared to its average volume of 152,795. Direxion Daily AMD Bull 2X Shares has a 12-month low of $35.19 and a 12-month high of $293.65. The stock’s 50 day moving average is $231.68 and its 200 day moving average is $127.23.

Direxion Daily AMD Bull 2X Shares Dividend Announcement

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

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.