Short Interest in Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Decreases By 67.5%

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 20,159 shares, a decrease of 67.5% from the May 14th total of 61,934 shares. Currently, 3.4% of the shares of the stock are short sold. Based on an average trading volume of 141,126 shares, the short-interest ratio is currently 0.1 days.

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

A number of hedge funds have recently modified their holdings of the business. Optiver Holding B.V. raised its position in shares of Direxion Daily AMD Bull 2X Shares by 40.7% in the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock valued at $1,239,000 after buying an additional 8,415 shares during the last quarter. Hollencrest Capital Management acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the fourth quarter valued at about $44,000. Cresset Asset Management LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the third quarter valued at about $407,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the third quarter valued at about $78,000. Finally, Jane Street Group LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the second quarter valued at about $1,443,000.

Direxion Daily AMD Bull 2X Shares Stock Performance

NASDAQ:AMUU opened at $183.42 on Thursday. The company has a fifty day moving average of $143.18 and a two-hundred day moving average of $85.15. Direxion Daily AMD Bull 2X Shares has a fifty-two week low of $22.69 and a fifty-two week high of $272.68.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

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

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.