Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Down 50.8% in April

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 69,532 shares, a decline of 50.8% from the April 15th total of 141,288 shares. Currently, 11.6% of the company’s shares are short sold. Based on an average daily trading volume, of 158,893 shares, the short-interest ratio is presently 0.4 days.

Direxion Daily AMD Bull 2X Shares Stock Down 11.5%

Shares of AMUU opened at $167.95 on Friday. Direxion Daily AMD Bull 2X Shares has a 52-week low of $20.08 and a 52-week high of $206.68. The stock has a fifty day simple moving average of $81.44 and a two-hundred day simple moving average of $68.94.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a dividend of $0.2253 per share. This represents a $0.90 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Direxion Daily AMD Bull 2X Shares

Several institutional investors and hedge funds have recently bought and sold shares of AMUU. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily AMD Bull 2X Shares in the 4th quarter valued at approximately $44,000. Cresset Asset Management LLC acquired a new position in Direxion Daily AMD Bull 2X Shares in the third quarter valued at approximately $407,000. Optiver Holding B.V. lifted its holdings 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 acquiring an additional 17,514 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Direxion Daily AMD Bull 2X Shares in the third quarter worth approximately $78,000. Finally, Jane Street Group LLC acquired a new stake in Direxion Daily AMD Bull 2X Shares during the second quarter worth $1,443,000.

About Direxion Daily AMD Bull 2X Shares

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.