Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Update

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 696,917 shares, a growth of 126.9% from the May 14th total of 307,086 shares. Based on an average daily trading volume, of 17,047,774 shares, the short-interest ratio is presently 0.0 days. Currently, 16.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Direxion Daily AMD Bear 1X Shares

Large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. bought a new position in Direxion Daily AMD Bear 1X Shares during the 1st quarter valued at about $664,000. Jane Street Group LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the second quarter worth about $225,000. Optiver Holding B.V. lifted its stake in Direxion Daily AMD Bear 1X Shares by 103.2% in the third quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock worth $1,016,000 after purchasing an additional 35,733 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of Direxion Daily AMD Bear 1X Shares during the third quarter valued at approximately $587,000. Finally, Susquehanna International Group LLP purchased a new position in shares of Direxion Daily AMD Bear 1X Shares during the third quarter valued at approximately $292,000.

Direxion Daily AMD Bear 1X Shares Stock Performance

Shares of AMDD opened at $3.10 on Friday. The business has a fifty day moving average of $4.88 and a 200 day moving average of $7.68. Direxion Daily AMD Bear 1X Shares has a 52-week low of $2.97 and a 52-week high of $21.33.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were paid a $0.1138 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.46 annualized dividend and a dividend yield of 14.7%.

Direxion Daily AMD Bear 1X Shares Company Profile

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.