Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Sees Significant Increase in Short Interest

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the target of a significant increase in short interest in 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. Based on an average daily volume of 8,209,774 shares, the short-interest ratio is presently 0.0 days. Approximately 10.4% of the company’s stock are short sold. Approximately 10.4% of the company’s stock are short sold. Based on an average daily volume of 8,209,774 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Direxion Daily AMD Bear 1X Shares

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

Direxion Daily AMD Bear 1X Shares Stock Down 3.8%

AMDD opened at $8.04 on Tuesday. Direxion Daily AMD Bear 1X Shares has a twelve month low of $7.44 and a twelve month high of $34.74. The company has a fifty day simple moving average of $9.16 and a 200 day simple moving average of $11.16.

Direxion Daily AMD Bear 1X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This is a positive change 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 dividend yield of 7.8%.

Direxion Daily AMD Bear 1X Shares Company Profile

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.