Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU) Stock Short Interest Climbs 240.0%

Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 50,048 shares, a growth of 240.0% from the October 15th total of 14,721 shares. Approximately 13.2% of the company’s stock are short sold. Based on an average daily volume of 47,431 shares, the short-interest ratio is currently 1.1 days.

Direxion Daily AMD Bull 2X ETF Stock Performance

Shares of AMUU stock traded up $20.21 on Thursday, reaching $219.30. 160,223 shares of the company’s stock traded hands, compared to its average volume of 126,674. Direxion Daily AMD Bull 2X ETF has a 12-month low of $37.95 and a 12-month high of $322.48. The business’s 50 day moving average price is $226.06 and its two-hundred day moving average price is $162.43.

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

Several hedge funds have recently bought and sold shares of the business. Halbert Hargrove Global Advisors LLC purchased a new position in Direxion Daily AMD Bull 2X ETF during the 3rd quarter valued at about $88,000. Tucker Asset Management LLC acquired a new position in shares of Direxion Daily AMD Bull 2X ETF in the 2nd quarter valued at about $92,000. Finally, Optiver Holding B.V. lifted its position in shares of Direxion Daily AMD Bull 2X ETF by 40.7% in the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock worth $1,239,000 after purchasing an additional 8,415 shares in the last quarter.

About Direxion Daily AMD Bull 2X ETF

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.