Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Down 79.8% in December

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 25,657 shares, a drop of 79.8% from the December 15th total of 127,011 shares. Based on an average daily trading volume, of 81,820 shares, the days-to-cover ratio is currently 0.3 days. Currently, 3.0% of the shares of the stock are short sold. Currently, 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 81,820 shares, the days-to-cover ratio is currently 0.3 days.

Direxion Daily AMD Bull 2X Shares Price Performance

AMUU stock opened at $57.46 on Wednesday. Direxion Daily AMD Bull 2X Shares has a one year low of $11.12 and a one year high of $101.84. The company’s fifty day moving average price is $62.76 and its 200-day moving average price is $55.55.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were issued a $0.3171 dividend. This represents a $1.27 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Tuesday, December 23rd.

Institutional Inflows and Outflows

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

About Direxion Daily AMD Bull 2X Shares

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.