Short Interest in Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Expands By 142.4%

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 439,197 shares, a growth of 142.4% from the January 15th total of 181,207 shares. Approximately 46.2% of the company’s shares are short sold. Based on an average trading volume of 10,682,713 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 10,682,713 shares, the days-to-cover ratio is presently 0.0 days. Approximately 46.2% of the company’s shares are short sold.

Direxion Daily AMD Bear 1X Shares Price Performance

Shares of NASDAQ AMDD opened at $8.92 on Thursday. The company’s fifty day simple moving average is $9.08 and its 200 day simple moving average is $10.89. Direxion Daily AMD Bear 1X Shares has a 12-month low of $7.44 and a 12-month high of $34.74.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.1569 per share. This is a boost from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.63 dividend on an annualized basis and a dividend yield of 7.0%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AMDD. Jane Street Group LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the second quarter valued at approximately $225,000. Susquehanna International Group LLP bought a new position in shares of Direxion Daily AMD Bear 1X Shares in the 3rd quarter worth $292,000. Citadel Advisors LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $587,000. Goldman Sachs Group Inc. bought a new stake in Direxion Daily AMD Bear 1X Shares during the 1st quarter valued at $664,000. Finally, Optiver Holding B.V. increased its stake in Direxion Daily AMD Bear 1X Shares by 103.2% during the 3rd quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock valued at $1,016,000 after purchasing an additional 35,733 shares in the last quarter.

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.