Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Shares Down 0.6% – Here’s What Happened

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD)’s stock price dropped 0.6% during mid-day trading on Monday . The stock traded as low as $8.93 and last traded at $9.22. Approximately 41,909,223 shares were traded during mid-day trading, an increase of 201% from the average daily volume of 13,917,120 shares. The stock had previously closed at $9.28.

Direxion Daily AMD Bear 1X Shares Stock Down 0.6%

The business has a fifty day moving average of $8.99 and a 200 day moving average of $9.97.

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

Several institutional investors have recently modified their holdings of AMDD. Jane Street Group LLC acquired a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 2nd quarter valued at approximately $225,000. Susquehanna International Group LLP acquired a new position in Direxion Daily AMD Bear 1X Shares during the third quarter valued at approximately $292,000. Goldman Sachs Group Inc. bought a new stake in Direxion Daily AMD Bear 1X Shares in the first quarter valued at approximately $664,000. Citadel Advisors LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the third quarter valued at approximately $587,000. Finally, OLD Mission Capital LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the fourth quarter worth $525,000.

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.