Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Sees Significant Growth in Short Interest

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 196,625 shares, an increase of 52.3% from the January 29th total of 129,134 shares. Based on an average trading volume of 294,586 shares, the short-interest ratio is currently 0.7 days. Currently, 26.9% of the shares of the company are sold short. Currently, 26.9% of the shares of the company are sold short. Based on an average trading volume of 294,586 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Direxion Daily AMD Bull 2X Shares

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in Direxion Daily AMD Bull 2X Shares during the 2nd quarter worth approximately $1,443,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $25,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the third quarter worth $78,000. Optiver Holding B.V. raised its holdings in shares of Direxion Daily AMD Bull 2X Shares by 410.5% during the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock worth $886,000 after purchasing an additional 17,514 shares during the last quarter. Finally, Cresset Asset Management LLC purchased a new position in shares of Direxion Daily AMD Bull 2X Shares during the third quarter worth $407,000.

Direxion Daily AMD Bull 2X Shares Stock Performance

Shares of AMUU stock opened at $43.02 on Friday. The business has a fifty day moving average of $55.76 and a 200 day moving average of $58.88. Direxion Daily AMD Bull 2X Shares has a 1 year low of $11.12 and a 1 year high of $101.84.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were paid a $0.3171 dividend. This represents a $1.27 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Tuesday, December 23rd.

Direxion Daily AMD Bull 2X Shares Company Profile

The Direxion Daily AMD Bull 2X Shares ETF (AMUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMUU was launched on Feb 12, 2025 and is issued by Direxion.