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

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 118,370 shares, an increase of 40.7% from the November 30th total of 84,120 shares. Approximately 3.7% of the shares of the company are sold short. Based on an average daily volume of 3,060,702 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 3,060,702 shares, the short-interest ratio is presently 0.0 days. Approximately 3.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares during the second quarter worth approximately $225,000. Susquehanna International Group LLP purchased a new position in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $292,000. Goldman Sachs Group Inc. acquired a new position in Direxion Daily AMD Bear 1X Shares in the 1st quarter valued at $664,000. Citadel Advisors LLC purchased a new position in Direxion Daily AMD Bear 1X Shares during the 3rd quarter worth $587,000. Finally, Optiver Holding B.V. lifted its stake in shares of Direxion Daily AMD Bear 1X Shares by 103.2% in the 3rd quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock worth $1,016,000 after acquiring an additional 35,733 shares during the period.

Direxion Daily AMD Bear 1X Shares Stock Up 0.1%

Shares of NASDAQ:AMDD opened at $9.36 on Monday. Direxion Daily AMD Bear 1X Shares has a one year low of $7.90 and a one year high of $34.74. The company has a 50-day simple moving average of $9.15 and a 200-day simple moving average of $12.79.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd will be paid a dividend of $0.1569 per share. The ex-dividend date of this dividend is Tuesday, December 23rd. This represents a $0.63 annualized dividend and a yield of 6.7%. This is a boost from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10.

About Direxion Daily AMD Bear 1X Shares

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.