Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD) Sees Significant Drop in Short Interest

Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDDGet Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 106,175 shares, a decline of 37.5% from the June 30th total of 169,745 shares. Currently, 16.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,963,988 shares, the short-interest ratio is currently 0.1 days.

Direxion Daily AMD Bear 1X Shares Stock Performance

Shares of AMDD stock opened at $34.33 on Thursday. The company’s 50-day simple moving average is $30.39 and its two-hundred day simple moving average is $61.36. Direxion Daily AMD Bear 1X Shares has a one year low of $26.10 and a one year high of $157.30.

Direxion Daily AMD Bear 1X Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.249 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new stake in shares of Direxion Daily AMD Bear 1X Shares in the 1st quarter worth $664,000. Jane Street Group LLC bought a new stake in shares of Direxion Daily AMD Bear 1X Shares in the second quarter valued at about $225,000. Citadel Advisors LLC bought a new stake in shares of Direxion Daily AMD Bear 1X Shares in the third quarter valued at about $587,000. Susquehanna International Group LLP purchased a new stake in Direxion Daily AMD Bear 1X Shares in the third quarter worth about $292,000. Finally, Jump Financial LLC purchased a new stake in Direxion Daily AMD Bear 1X Shares in the fourth quarter worth about $583,000.

About Direxion Daily AMD Bear 1X Shares

(Get Free Report)

The Direxion Daily AMD Bear 1X Shares (AMDD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of AMD stock. AMDD was launched on Feb 12, 2025 and is issued by Direxion.

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