Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Up 40.7% in December

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 118,370 shares, a growth of 40.7% from the November 30th total of 84,120 shares. Based on an average trading volume of 3,060,702 shares, the short-interest ratio is currently 0.0 days. Currently, 3.7% of the shares of the stock are short sold. Currently, 3.7% of the shares of the stock are short sold. Based on an average trading volume of 3,060,702 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Direxion Daily AMD Bear 1X Shares

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new stake in Direxion Daily AMD Bear 1X Shares in the 2nd quarter valued at $225,000. Susquehanna International Group LLP purchased a new position in shares of Direxion Daily AMD Bear 1X Shares during the third quarter valued at about $292,000. Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily AMD Bear 1X Shares in the first quarter worth about $664,000. Optiver Holding B.V. lifted its position in shares of Direxion Daily AMD Bear 1X Shares by 103.2% in the third quarter. Optiver Holding B.V. now owns 70,344 shares of the company’s stock worth $1,016,000 after buying an additional 35,733 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the third quarter worth about $587,000.

Direxion Daily AMD Bear 1X Shares Trading Down 0.2%

NASDAQ:AMDD opened at $9.34 on Tuesday. The stock has a 50-day moving average price of $9.16 and a 200 day moving average price of $12.71. Direxion Daily AMD Bear 1X Shares has a 12-month low of $7.90 and a 12-month high of $34.74.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd will be given a dividend of $0.1569 per share. The ex-dividend date is Tuesday, December 23rd. This is an increase from Direxion Daily AMD Bear 1X Shares’s previous quarterly dividend of $0.10. This represents a $0.63 annualized dividend and a dividend yield of 6.7%.

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.