Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Short Interest Down 50.8% in April

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 69,532 shares, a drop of 50.8% from the April 15th total of 141,288 shares. Currently, 11.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 158,893 shares, the short-interest ratio is currently 0.4 days.

Direxion Daily AMD Bull 2X Shares Stock Down 11.5%

Shares of NASDAQ AMUU opened at $167.95 on Friday. Direxion Daily AMD Bull 2X Shares has a 12-month low of $20.08 and a 12-month high of $206.68. The company has a 50-day moving average of $81.44 and a 200 day moving average of $68.94.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.2253 per share. This represents a $0.90 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

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 AMUU. Jane Street Group LLC purchased a new position in Direxion Daily AMD Bull 2X Shares during the second quarter worth approximately $1,443,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at $78,000. Optiver Holding B.V. increased its stake in shares of Direxion Daily AMD Bull 2X Shares by 410.5% in the 3rd quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock worth $886,000 after acquiring an additional 17,514 shares during the last quarter. Cresset Asset Management LLC purchased a new position in shares of Direxion Daily AMD Bull 2X Shares during the 3rd quarter worth $407,000. Finally, Hollencrest Capital Management purchased a new position in shares of Direxion Daily AMD Bull 2X Shares during the 4th quarter worth $44,000.

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.