Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Short Interest Update

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 14,552 shares, a decline of 86.3% from the July 15th total of 106,175 shares. Based on an average daily volume of 893,402 shares, the short-interest ratio is presently 0.0 days. Approximately 2.0% of the company’s stock are sold short.

Direxion Daily AMD Bear 1X Shares Price Performance

Shares of AMDD stock traded down $0.94 on Friday, reaching $28.75. 360,543 shares of the company were exchanged, compared to its average volume of 1,627,257. The company has a 50-day moving average of $29.74 and a 200-day moving average of $56.92. Direxion Daily AMD Bear 1X Shares has a one year low of $26.10 and a one year high of $157.30.

Direxion Daily AMD Bear 1X Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.249 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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

A number of hedge funds have recently added to or reduced their stakes in AMDD. Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily AMD Bear 1X Shares during the first quarter valued at approximately $664,000. Jane Street Group LLC bought a new position in shares of Direxion Daily AMD Bear 1X Shares in the 2nd quarter worth $225,000. Citadel Advisors LLC acquired a new stake in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $587,000. Susquehanna International Group LLP acquired a new stake in Direxion Daily AMD Bear 1X Shares in the 3rd quarter valued at $292,000. Finally, Jump Financial LLC bought a new stake in Direxion Daily AMD Bear 1X Shares during the 4th quarter valued at $583,000.

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.