Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Update

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 69,532 shares, a drop of 50.8% from the April 15th total of 141,288 shares. Based on an average daily volume of 158,893 shares, the short-interest ratio is currently 0.4 days. Currently, 11.6% of the shares of the company are sold short.

Direxion Daily AMD Bull 2X Shares Stock Performance

Shares of NASDAQ:AMUU opened at $167.95 on Monday. Direxion Daily AMD Bull 2X Shares has a 12-month low of $20.08 and a 12-month high of $206.68. The business has a 50 day moving average of $81.44 and a 200-day moving average of $68.75.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.2253 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

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

A number of institutional investors have recently made changes to their positions in AMUU. Jane Street Group LLC bought a new stake in shares of Direxion Daily AMD Bull 2X Shares during the second quarter worth approximately $1,443,000. Optiver Holding B.V. boosted its holdings in shares of Direxion Daily AMD Bull 2X Shares by 410.5% during the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock worth $886,000 after acquiring an additional 17,514 shares during the period. Cresset Asset Management LLC bought a new stake in shares of Direxion Daily AMD Bull 2X Shares during the third quarter worth approximately $407,000. SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily AMD Bull 2X Shares during the third quarter worth approximately $78,000. Finally, Hollencrest Capital Management bought a new stake in shares of Direxion Daily AMD Bull 2X Shares during the fourth quarter worth approximately $44,000.

Direxion Daily AMD Bull 2X Shares Company Profile

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.