Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Update

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 181,207 shares, an increase of 22.1% from the December 31st total of 148,448 shares. Currently, 10.4% of the company’s stock are sold short. Based on an average daily trading volume, of 8,209,774 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 8,209,774 shares, the days-to-cover ratio is currently 0.0 days. Currently, 10.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in shares of Direxion Daily AMD Bear 1X Shares in the 2nd quarter valued at about $225,000. Susquehanna International Group LLP bought a new position in shares of Direxion Daily AMD Bear 1X Shares during the third quarter valued at approximately $292,000. Citadel Advisors LLC bought a new position in shares of Direxion Daily AMD Bear 1X Shares during the third quarter valued at approximately $587,000. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily AMD Bear 1X Shares during the 1st quarter worth approximately $664,000. Finally, Optiver Holding B.V. boosted its position in Direxion Daily AMD Bear 1X Shares by 103.2% during the 3rd quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock valued at $1,016,000 after purchasing an additional 35,733 shares during the period.

Direxion Daily AMD Bear 1X Shares Stock Down 3.8%

NASDAQ:AMDD opened at $8.04 on Tuesday. The business’s 50 day moving average is $9.16 and its two-hundred day moving average is $11.16. Direxion Daily AMD Bear 1X Shares has a 52 week low of $7.44 and a 52 week high of $34.74.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were issued a $0.1569 dividend. This is a boost from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10. This represents a $0.63 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend was Tuesday, December 23rd.

About Direxion Daily AMD Bear 1X Shares

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.