Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Trading 4.9% Higher – Here’s What Happened

Shares of Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUUGet Free Report) were up 4.9% during mid-day trading on Tuesday . The company traded as high as $275.44 and last traded at $252.48. Approximately 76,808 shares were traded during mid-day trading, a decline of 52% from the average session volume of 158,382 shares. The stock had previously closed at $240.67.

Direxion Daily AMD Bull 2X Shares Stock Down 11.3%

The company has a fifty day moving average of $224.82 and a 200 day moving average of $117.74.

Direxion Daily AMD Bull 2X Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.6762 dividend. This represents a $2.70 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in shares of Direxion Daily AMD Bull 2X Shares in the 2nd quarter worth approximately $1,443,000. Cresset Asset Management LLC bought a new stake in Direxion Daily AMD Bull 2X Shares during the third quarter valued at approximately $407,000. Hollencrest Capital Management purchased a new stake in Direxion Daily AMD Bull 2X Shares during the fourth quarter valued at approximately $44,000. Finally, Optiver Holding B.V. increased its holdings in Direxion Daily AMD Bull 2X Shares by 40.7% during the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock valued at $1,239,000 after buying an additional 8,415 shares during the last quarter.

Direxion Daily AMD Bull 2X Shares Company Profile

(Get Free Report)

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.

Further Reading

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