Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Up 370.9% in January

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 120,827 shares, a growth of 370.9% from the December 31st total of 25,657 shares. Based on an average trading volume of 168,153 shares, the days-to-cover ratio is presently 0.7 days. Currently, 15.7% of the company’s shares are sold short. Currently, 15.7% of the company’s shares are sold short. Based on an average trading volume of 168,153 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Cresset Asset Management LLC bought a new stake in shares of Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at about $407,000. Optiver Holding B.V. increased its stake in Direxion Daily AMD Bull 2X Shares by 410.5% in the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock valued at $886,000 after purchasing an additional 17,514 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Direxion Daily AMD Bull 2X Shares during the second quarter worth $1,443,000. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $78,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in shares of Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $25,000.

Direxion Daily AMD Bull 2X Shares Price Performance

Shares of NASDAQ:AMUU opened at $73.98 on Wednesday. Direxion Daily AMD Bull 2X Shares has a 1-year low of $11.12 and a 1-year high of $101.84. The business has a 50-day moving average price of $59.80 and a two-hundred day moving average price of $58.07.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were issued a $0.3171 dividend. This represents a $1.27 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, December 23rd.

Direxion Daily AMD Bull 2X Shares Company Profile

The Direxion Daily AMD Bull 2X Shares ETF (AMUU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMUU was launched on Feb 12, 2025 and is issued by Direxion.