Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Up 25.4% in December

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 148,448 shares, an increase of 25.4% from the December 15th total of 118,370 shares. Currently, 16.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,727,589 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 3,727,589 shares, the days-to-cover ratio is currently 0.0 days. Currently, 16.0% of the shares of the stock are sold short.

Direxion Daily AMD Bear 1X Shares Trading Down 1.7%

Shares of NASDAQ:AMDD opened at $8.63 on Monday. The business’s fifty day moving average price is $9.37 and its two-hundred day moving average price is $11.82. Direxion Daily AMD Bear 1X Shares has a fifty-two week low of $7.90 and a fifty-two week high of $34.74.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were issued a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $0.63 annualized dividend and a yield of 7.3%. This is an increase from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

Hedge funds have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in shares of Direxion Daily AMD Bear 1X Shares in the 2nd quarter worth approximately $225,000. Susquehanna International Group LLP bought a new position in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $292,000. Citadel Advisors LLC acquired a new position in Direxion Daily AMD Bear 1X Shares in the third quarter worth $587,000. Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily AMD Bear 1X Shares during the first quarter worth $664,000. Finally, Optiver Holding B.V. increased its stake in shares of 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.

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.