Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) Sees Significant Drop in Short Interest

Leverage Shares 2x Long AMD Daily ETF (NASDAQ:AMDG) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 27,314 shares, a decrease of 53.5% from the April 15th total of 58,792 shares. Based on an average daily volume of 122,476 shares, the days-to-cover ratio is presently 0.2 days. Approximately 6.4% of the shares of the stock are short sold.

Leverage Shares 2x Long AMD Daily ETF Stock Performance

Shares of NASDAQ:AMDG traded down $8.29 during midday trading on Friday, hitting $83.56. The company’s stock had a trading volume of 25,068 shares, compared to its average volume of 139,422. Leverage Shares 2x Long AMD Daily ETF has a 12-month low of $9.71 and a 12-month high of $99.86. The business’s 50 day simple moving average is $38.23 and its 200 day simple moving average is $33.24.

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.