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

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 25,657 shares, a drop of 79.8% from the December 15th total of 127,011 shares. Based on an average daily volume of 81,820 shares, the short-interest ratio is presently 0.3 days. Approximately 3.0% of the shares of the company are short sold. Approximately 3.0% of the shares of the company are short sold. Based on an average daily volume of 81,820 shares, the short-interest ratio is presently 0.3 days.

Direxion Daily AMD Bull 2X Shares Stock Performance

NASDAQ:AMUU opened at $58.75 on Thursday. The stock’s fifty day simple moving average is $62.07 and its 200-day simple moving average is $55.57. Direxion Daily AMD Bull 2X Shares has a 12-month low of $11.12 and a 12-month high of $101.84.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.3171 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $1.27 annualized dividend and a dividend yield of 2.2%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AMUU. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter worth $25,000. SBI Securities Co. Ltd. acquired a new position in Direxion Daily AMD Bull 2X Shares in the third quarter valued at about $78,000. Cresset Asset Management LLC bought a new stake in Direxion Daily AMD Bull 2X Shares during the third quarter worth about $407,000. Optiver Holding B.V. grew its stake in Direxion Daily AMD Bull 2X Shares by 410.5% during the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock worth $886,000 after buying an additional 17,514 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Direxion Daily AMD Bull 2X Shares during the second quarter worth about $1,443,000.

Direxion Daily AMD Bull 2X Shares Company Profile

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.