Short Interest in Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Declines By 16.0%

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 165,117 shares, a decrease of 16.0% from the February 12th total of 196,625 shares. Based on an average daily volume of 143,144 shares, the short-interest ratio is presently 1.2 days. Currently, 22.6% of the shares of the company are sold short. Currently, 22.6% of the shares of the company are sold short. Based on an average daily volume of 143,144 shares, the short-interest ratio is presently 1.2 days.

Direxion Daily AMD Bull 2X Shares Stock Down 0.2%

Shares of NASDAQ AMUU opened at $40.74 on Wednesday. The firm’s 50 day simple moving average is $52.41 and its 200-day simple moving average is $58.57. Direxion Daily AMD Bull 2X Shares has a 12 month low of $11.12 and a 12 month high of $101.84.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a $0.3171 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a $1.27 dividend on an annualized basis and a dividend yield of 3.1%.

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

A number of institutional investors have recently modified their holdings of AMUU. Jane Street Group LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the second quarter worth $1,443,000. Optiver Holding B.V. raised its position in shares of 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 shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter worth about $407,000. SBI Securities Co. Ltd. purchased a new position in Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at about $78,000. Finally, Hollencrest Capital Management purchased a new position in Direxion Daily AMD Bull 2X Shares in the 4th quarter valued at about $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.