Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Rises By 1,869.2%

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 25,600 shares, an increase of 1,869.2% from the December 15th total of 1,300 shares. Based on an average daily trading volume, of 44,000 shares, the short-interest ratio is presently 0.6 days.

GraniteShares 1x Short AMD Daily ETF Price Performance

NASDAQ AMDS traded down $0.44 on Wednesday, hitting $16.04. 9,773 shares of the company were exchanged, compared to its average volume of 49,689. The company’s 50 day moving average price is $14.71 and its 200-day moving average price is $13.65. GraniteShares 1x Short AMD Daily ETF has a twelve month low of $9.48 and a twelve month high of $16.73.

GraniteShares 1x Short AMD Daily ETF Company Profile

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.