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

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the target of a significant increase in short interest in 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. Based on an average daily trading volume, of 3,060,702 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.7% of the company’s stock are sold short. Approximately 3.7% of the company’s stock are sold short. Based on an average daily trading volume, of 3,060,702 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Direxion Daily AMD Bear 1X Shares

Several large investors have recently bought and sold shares of AMDD. Optiver Holding B.V. raised its stake in Direxion Daily AMD Bear 1X Shares by 103.2% in the third quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock valued at $1,016,000 after buying an additional 35,733 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at about $587,000. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily AMD Bear 1X Shares during the 1st quarter worth about $664,000. Susquehanna International Group LLP purchased a new stake in Direxion Daily AMD Bear 1X Shares during the third quarter worth approximately $292,000. Finally, Jane Street Group LLC acquired a new position in Direxion Daily AMD Bear 1X Shares in the second quarter valued at approximately $225,000.

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 fifty-two week low of $7.90 and a fifty-two week high of $34.74. The firm’s 50 day moving average price is $9.15 and its 200 day moving average price is $12.79.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd will be issued a $0.1569 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Tuesday, December 23rd. This is a positive change from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10.

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.