Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Stock Price Up 4.9% – Should You Buy?

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUUGet Free Report) shares traded up 4.9% during mid-day trading on Tuesday . The stock traded as high as $275.44 and last traded at $252.48. Approximately 76,808 shares changed hands during trading, a decline of 52% from the average session volume of 158,382 shares. The stock had previously closed at $240.67.

Direxion Daily AMD Bull 2X Shares Stock Up 4.9%

The firm’s 50-day moving average price is $223.48 and its 200-day moving average price is $116.47.

Direxion Daily AMD Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were given a dividend of $0.6762 per share. This represents a $2.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Trading of Direxion Daily AMD Bull 2X Shares

Large investors have recently added to or reduced their stakes in the stock. Hollencrest Capital Management acquired a new position in shares of Direxion Daily AMD Bull 2X Shares during the fourth quarter worth about $44,000. Cresset Asset Management LLC purchased a new stake in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter valued at about $407,000. Optiver Holding B.V. lifted its position in Direxion Daily AMD Bull 2X Shares by 40.7% during the 1st quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock worth $1,239,000 after acquiring an additional 8,415 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the 2nd quarter worth approximately $1,443,000.

Direxion Daily AMD Bull 2X Shares Company Profile

(Get Free Report)

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.

Further Reading

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