Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Trading Up 1.8% – Here’s What Happened

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDDGet Free Report)’s stock price were up 1.8% during trading on Tuesday . The company traded as high as $4.19 and last traded at $3.99. Approximately 26,197,052 shares changed hands during mid-day trading, an increase of 52% from the average daily volume of 17,229,504 shares. The stock had previously closed at $3.92.

Direxion Daily AMD Bear 1X Shares Price Performance

The stock has a 50-day moving average price of $6.76 and a 200 day moving average price of $8.30.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a $0.1138 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 12.5%.

Institutional Investors Weigh In On Direxion Daily AMD Bear 1X Shares

Hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the first quarter valued at $116,000. Jane Street Group LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares during the second quarter valued at about $225,000. Susquehanna International Group LLP purchased a new stake in Direxion Daily AMD Bear 1X Shares during the third quarter valued at about $292,000. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily AMD Bear 1X Shares during the first quarter valued at about $664,000. Finally, Citadel Advisors LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares during the third quarter valued at about $587,000.

Direxion Daily AMD Bear 1X Shares Company Profile

(Get Free Report)

The Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.

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