Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Trading Down 7.1% – Time to Sell?

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU)’s stock price were down 7.1% during trading on Monday . The stock traded as low as $159.15 and last traded at $162.81. Approximately 46,738 shares changed hands during trading, a decline of 68% from the average session volume of 147,632 shares. The stock had previously closed at $175.28.

Direxion Daily AMD Bull 2X Shares Stock Up 0.9%

The business has a fifty day moving average price of $215.81 and a 200 day moving average price of $144.79.

Direxion Daily AMD Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.6762 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $2.70 annualized dividend and a yield of 1.5%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the fourth quarter worth $44,000. Cresset Asset Management LLC acquired a new position in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter valued at $407,000. Optiver Holding B.V. lifted its holdings in shares of Direxion Daily AMD Bull 2X Shares by 40.7% during the 1st quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock valued at $1,239,000 after acquiring an additional 8,415 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Direxion Daily AMD Bull 2X Shares during the 2nd quarter worth $1,443,000.

Direxion Daily AMD Bull 2X Shares Company Profile

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.