GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Short Interest Up 416.7% in January

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,200 shares, an increase of 416.7% from the January 15th total of 1,200 shares. Based on an average trading volume of 46,100 shares, the days-to-cover ratio is currently 0.1 days.

GraniteShares 1x Short AMD Daily ETF Stock Performance

NASDAQ AMDS traded down $0.10 during trading on Wednesday, hitting $16.99. 28,172 shares of the company’s stock traded hands, compared to its average volume of 58,170. The stock has a fifty day moving average of $15.74 and a two-hundred day moving average of $14.18. GraniteShares 1x Short AMD Daily ETF has a 12-month low of $9.48 and a 12-month high of $17.72.

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.