Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Update

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 8,071 shares, a decrease of 71.6% from the June 30th total of 28,417 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 94,438 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors 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 fourth quarter valued at approximately $44,000. Cresset Asset Management LLC purchased a new position in Direxion Daily AMD Bull 2X Shares during the third quarter worth approximately $407,000. Optiver Holding B.V. lifted its position in Direxion Daily AMD Bull 2X Shares by 40.7% during the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock worth $1,239,000 after buying an additional 8,415 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Direxion Daily AMD Bull 2X Shares during the second quarter worth approximately $1,443,000.

Direxion Daily AMD Bull 2X Shares Stock Performance

Shares of NASDAQ:AMUU traded down $15.64 during midday trading on Friday, hitting $225.98. The company’s stock had a trading volume of 105,279 shares, compared to its average volume of 154,033. Direxion Daily AMD Bull 2X Shares has a 12-month low of $35.19 and a 12-month high of $293.65. The business’s 50 day simple moving average is $230.96 and its 200 day simple moving average is $125.71.

Direxion Daily AMD Bull 2X Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a $0.6762 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $2.70 dividend on an annualized basis and a yield of 1.2%.

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.