Short Interest in Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) Rises By 75.5%

Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 77,801 shares, an increase of 75.5% from the August 15th total of 44,341 shares. Approximately 25.1% of the company’s stock are sold short. Based on an average daily trading volume, of 24,392 shares, the short-interest ratio is presently 3.2 days.

Leverage Shares 2x Long AMD Daily ETF Trading Up 12.8%

Shares of AMDG stock opened at $108.30 on Friday. Leverage Shares 2x Long AMD Daily ETF has a 1-year low of $16.90 and a 1-year high of $141.38. The stock’s fifty day simple moving average is $93.71 and its 200-day simple moving average is $77.72.

About Leverage Shares 2x Long AMD Daily ETF

The Leverage Shares 2X Long AMD Daily ETF (AMDG) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of AMD stock, less fees, and expenses. The fund uses derivatives to pursue its objective, holdings are used as collateral. AMDG was launched on Jan 24, 2025 and is issued by Leverage Shares.