Short Interest in Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Expands By 142.4%

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 439,197 shares, an increase of 142.4% from the January 15th total of 181,207 shares. Currently, 46.2% of the shares of the stock are short sold. Based on an average trading volume of 10,682,713 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 10,682,713 shares, the days-to-cover ratio is currently 0.0 days. Currently, 46.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

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

Direxion Daily AMD Bear 1X Shares Stock Performance

AMDD opened at $8.92 on Thursday. The company’s 50 day moving average is $9.08 and its 200-day moving average is $10.89. Direxion Daily AMD Bear 1X Shares has a 1-year low of $7.44 and a 1-year high of $34.74.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This is a boost from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10. This represents a $0.63 dividend on an annualized basis and a dividend yield of 7.0%.

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.