Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Increases By 29.0%

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 8,000 shares, an increase of 29.0% from the March 31st total of 6,200 shares. Based on an average daily volume of 42,600 shares, the short-interest ratio is presently 0.2 days. Approximately 5.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GraniteShares 1x Short AMD Daily ETF stock. Optiver Holding B.V. bought a new stake in shares of GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 122,113 shares of the company’s stock, valued at approximately $1,945,000. Optiver Holding B.V. owned about 48.85% of GraniteShares 1x Short AMD Daily ETF as of its most recent filing with the Securities and Exchange Commission.

GraniteShares 1x Short AMD Daily ETF Trading Down 2.3 %

AMDS opened at $17.16 on Friday. GraniteShares 1x Short AMD Daily ETF has a 12-month low of $10.98 and a 12-month high of $23.77. The stock has a 50-day moving average price of $18.67 and a 200-day moving average price of $16.29.

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.