Short Interest in Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Decreases By 45.3%

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 240,444 shares, a drop of 45.3% from the January 29th total of 439,197 shares. Based on an average daily trading volume, of 11,217,001 shares, the short-interest ratio is presently 0.0 days. Approximately 25.3% of the shares of the company are sold short. Approximately 25.3% of the shares of the company are sold short. Based on an average daily trading volume, of 11,217,001 shares, the short-interest ratio is presently 0.0 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of AMDD. Optiver Holding B.V. boosted its holdings 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 worth $1,016,000 after buying an additional 35,733 shares during the period. Jump Financial LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the 4th quarter valued at $583,000. OLD Mission Capital LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares in the 4th quarter worth $525,000. Citadel Advisors LLC bought a new position in shares of Direxion Daily AMD Bear 1X Shares during the 3rd quarter valued at about $587,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Direxion Daily AMD Bear 1X Shares during the 1st quarter valued at about $664,000.

Direxion Daily AMD Bear 1X Shares Price Performance

Shares of NASDAQ:AMDD opened at $9.42 on Friday. The business has a 50-day simple moving average of $9.00 and a two-hundred day simple moving average of $10.54. Direxion Daily AMD Bear 1X Shares has a fifty-two week low of $7.44 and a fifty-two week 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 was Tuesday, December 23rd. This represents a $0.63 dividend on an annualized basis and a yield of 6.7%. This is a boost from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10.

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.