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

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

Institutional Investors Weigh In On GraniteShares 1x Short AMD Daily ETF

A hedge fund recently bought a new stake in GraniteShares 1x Short AMD Daily ETF stock. Optiver Holding B.V. purchased a new stake in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 122,113 shares of the company’s stock, valued at approximately $1,945,000. Optiver Holding B.V. owned approximately 48.85% of GraniteShares 1x Short AMD Daily ETF at the end of the most recent reporting period.

GraniteShares 1x Short AMD Daily ETF Trading Up 0.7 %

NASDAQ AMDS opened at $17.56 on Friday. GraniteShares 1x Short AMD Daily ETF has a 52 week low of $10.98 and a 52 week high of $23.77. The firm has a 50 day moving average of $18.69 and a two-hundred day moving average of $16.23.

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.