Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Sees Significant Increase in Short Interest

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 196,625 shares, an increase of 52.3% from the January 29th total of 129,134 shares. Currently, 26.9% of the company’s stock are sold short. Based on an average daily volume of 294,586 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 294,586 shares, the short-interest ratio is currently 0.7 days. Currently, 26.9% of the company’s stock are sold short.

Direxion Daily AMD Bull 2X Shares Trading Down 3.3%

Shares of AMUU opened at $43.02 on Friday. Direxion Daily AMD Bull 2X Shares has a 12 month low of $11.12 and a 12 month high of $101.84. The stock has a fifty day moving average price of $55.76 and a 200-day moving average price of $58.88.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were paid a $0.3171 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a $1.27 dividend on an annualized basis and a yield of 2.9%.

Institutional Investors Weigh In On Direxion Daily AMD Bull 2X Shares

A number of large investors have recently modified their holdings of AMUU. Jane Street Group LLC acquired a new position in shares of Direxion Daily AMD Bull 2X Shares during the second quarter valued at about $1,443,000. Optiver Holding B.V. grew its position in Direxion Daily AMD Bull 2X Shares by 410.5% during the 3rd quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock worth $886,000 after purchasing an additional 17,514 shares during the last quarter. Cresset Asset Management LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the 3rd quarter valued at approximately $407,000. SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily AMD Bull 2X Shares in the third quarter worth $78,000. Finally, Hollencrest Capital Management purchased a new position in shares of Direxion Daily AMD Bull 2X Shares in the fourth quarter worth $44,000.

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.