Short Interest in Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Decreases By 16.0%

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 165,117 shares, a decline of 16.0% from the February 12th total of 196,625 shares. Currently, 22.6% of the company’s stock are short sold. Based on an average daily trading volume, of 143,144 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 143,144 shares, the short-interest ratio is currently 1.2 days. Currently, 22.6% of the company’s stock are short sold.

Direxion Daily AMD Bull 2X Shares Trading Down 4.8%

Shares of AMUU stock opened at $39.41 on Monday. The company has a fifty day moving average price of $53.03 and a two-hundred day moving average price of $58.61. Direxion Daily AMD Bull 2X Shares has a one year low of $11.12 and a one year high of $101.84.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were issued a $0.3171 dividend. This represents a $1.27 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Hedge Funds Weigh In On Direxion Daily AMD Bull 2X Shares

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the second quarter worth approximately $1,443,000. Optiver Holding B.V. lifted its position in shares of Direxion Daily AMD Bull 2X Shares by 410.5% in the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock valued at $886,000 after buying an additional 17,514 shares during the last quarter. Cresset Asset Management LLC bought a new position in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter worth approximately $407,000. SBI Securities Co. Ltd. bought a new position in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter worth approximately $78,000. Finally, Hollencrest Capital Management acquired a new position in shares of Direxion Daily AMD Bull 2X Shares during the 4th quarter worth approximately $44,000.

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.