Short Interest in Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Grows By 429.2%

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 140,209 shares, a growth of 429.2% from the March 31st total of 26,494 shares. Approximately 6.2% of the company’s shares are short sold. Based on an average daily volume of 16,961,390 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Direxion Daily AMD Bear 1X Shares

Several large investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. boosted its position in 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. Jump Financial LLC purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 4th quarter worth approximately $583,000. OLD Mission Capital LLC purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 4th quarter worth approximately $525,000. Citadel Advisors LLC purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 3rd quarter worth approximately $587,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 1st quarter worth approximately $664,000.

Direxion Daily AMD Bear 1X Shares Price Performance

Direxion Daily AMD Bear 1X Shares stock opened at $5.05 on Friday. Direxion Daily AMD Bear 1X Shares has a 1 year low of $4.97 and a 1 year high of $26.99. The firm has a 50-day moving average of $8.52 and a two-hundred day moving average of $8.89.

Direxion Daily AMD Bear 1X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a $0.1138 dividend. This represents a $0.46 annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.