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

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 26,494 shares, a decline of 74.9% from the March 15th total of 105,444 shares. Based on an average daily volume of 25,324,336 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.8% of the shares of the stock are sold short.

Direxion Daily AMD Bear 1X Shares Trading Down 3.4%

Shares of AMDD opened at $7.41 on Friday. Direxion Daily AMD Bear 1X Shares has a one year low of $7.26 and a one year high of $29.30. The stock has a 50 day moving average price of $9.04 and a 200 day moving average price of $9.38.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were paid a dividend of $0.1138 per share. This represents a $0.46 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Trading of Direxion Daily AMD Bear 1X Shares

Large investors have recently bought and sold shares of the business. OLD Mission Capital LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares in the 4th quarter valued at $525,000. Jump Financial LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares in the 4th quarter valued at $583,000. Susquehanna International Group LLP purchased a new stake in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $292,000. Citadel Advisors LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $587,000. Finally, Optiver Holding B.V. grew its stake in shares of Direxion Daily AMD Bear 1X Shares by 103.2% in the 3rd 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 during the period.

About Direxion Daily AMD Bear 1X Shares

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.