Direxion Daily AMD Bear 1X ETF (NASDAQ:AMDD) Stock Short Interest Report for October

Direxion Daily AMD Bear 1X ETF (NASDAQ:AMDD) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 26,255 shares, an increase of 138.8% from the October 15th total of 10,993 shares. Based on an average trading volume of 231,935 shares, the short-interest ratio is presently 0.1 days. Approximately 4.1% of the shares of the company are sold short.

Direxion Daily AMD Bear 1X ETF Stock Performance

AMDD stock traded up $2.29 on Friday, hitting $23.44. 1,995,663 shares of the company were exchanged, compared to its average volume of 1,314,692. Direxion Daily AMD Bear 1X ETF has a twelve month low of $20.82 and a twelve month high of $105.75. The business’s fifty day moving average is $24.91 and its two-hundred day moving average is $46.99.

Institutional Trading of Direxion Daily AMD Bear 1X ETF

An institutional investor recently bought a new position in Direxion Daily AMD Bear 1X ETF stock. Renaissance Technologies LLC bought a new position in Direxion Daily AMD Bear 1X ETF (NASDAQ:AMDD) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 13,000 shares of the company’s stock, valued at approximately $116,000. Renaissance Technologies LLC owned approximately 0.31% of Direxion Daily AMD Bear 1X ETF as of its most recent SEC filing.

About Direxion Daily AMD Bear 1X ETF

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.