GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Short Interest Update

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 1,200 shares, a drop of 93.9% from the March 31st total of 19,800 shares. Based on an average daily volume of 66,500 shares, the days-to-cover ratio is currently 0.0 days.

GraniteShares 1x Short AMD Daily ETF Price Performance

AMDS stock traded down $0.28 during mid-day trading on Friday, reaching $13.42. 27,258 shares of the stock traded hands, compared to its average volume of 57,949. The stock’s fifty day moving average is $12.18 and its 200-day moving average is $16.68. GraniteShares 1x Short AMD Daily ETF has a 52-week low of $9.48 and a 52-week high of $28.32.

About GraniteShares 1x Short AMD Daily ETF

The GraniteShares 1x Short AMD Daily ETF (AMDS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 1x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDS was launched on Aug 21, 2023 and is issued by GraniteShares.