Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Trading Up 3.2% – What’s Next?

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU)’s stock price rose 3.2% during mid-day trading on Thursday . The company traded as high as $45.20 and last traded at $44.95. Approximately 164,798 shares changed hands during trading, a decline of 21% from the average daily volume of 207,430 shares. The stock had previously closed at $43.54.

Direxion Daily AMD Bull 2X Shares Stock Performance

The stock has a 50 day simple moving average of $56.56 and a 200 day simple moving average of $58.94.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 23rd were paid a $0.3171 dividend. This represents a $1.27 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Investors Weigh In On Direxion Daily AMD Bull 2X Shares

Large investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of Direxion Daily AMD Bull 2X Shares in the 2nd quarter valued at approximately $1,443,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter worth approximately $25,000. SBI Securities Co. Ltd. acquired a new position in Direxion Daily AMD Bull 2X Shares during the third quarter valued at approximately $78,000. Optiver Holding B.V. raised its position 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 valued at $886,000 after purchasing an additional 17,514 shares in the last quarter. Finally, Cresset Asset Management LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $407,000.

About Direxion Daily AMD Bull 2X Shares

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.