Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) Short Interest Up 155.1% in May

Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 35,138 shares, an increase of 155.1% from the May 14th total of 13,774 shares. Based on an average daily volume of 90,921 shares, the days-to-cover ratio is presently 0.4 days. Approximately 8.2% of the shares of the company are sold short.

Leverage Shares 2x Long AMD Daily ETF Trading Up 9.7%

AMDG stock traded up $9.90 during midday trading on Friday, reaching $112.34. 62,132 shares of the company were exchanged, compared to its average volume of 130,270. Leverage Shares 2x Long AMD Daily ETF has a one year low of $10.83 and a one year high of $131.64. The business has a 50-day moving average price of $72.72 and a two-hundred day moving average price of $42.45.

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.