Short Interest in Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) Expands By 86.4%

Direxion Daily AMD Bull 2X Shares (NASDAQ:AMUU) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 21,501 shares, a growth of 86.4% from the July 30th total of 11,537 shares. Currently, 4.8% of the company’s stock are sold short. Based on an average daily trading volume, of 110,377 shares, the days-to-cover ratio is currently 0.2 days.

Direxion Daily AMD Bull 2X Shares Stock Up 2.2%

Shares of NASDAQ:AMUU opened at $171.83 on Tuesday. Direxion Daily AMD Bull 2X Shares has a fifty-two week low of $35.19 and a fifty-two week high of $293.65. The business has a 50-day moving average of $209.69 and a two-hundred day moving average of $148.36.

Direxion Daily AMD Bull 2X Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.6762 dividend. This represents a $2.70 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, June 23rd.

Institutional Trading of Direxion Daily AMD Bull 2X Shares

Several large investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in Direxion Daily AMD Bull 2X Shares during the 2nd quarter worth $1,443,000. Cresset Asset Management LLC acquired a new stake in Direxion Daily AMD Bull 2X Shares in the 3rd quarter valued at approximately $407,000. Hollencrest Capital Management bought a new position in Direxion Daily AMD Bull 2X Shares in the 4th quarter worth approximately $44,000. Optiver Holding B.V. lifted its holdings in shares of Direxion Daily AMD Bull 2X Shares by 40.7% during the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock worth $1,239,000 after buying an additional 8,415 shares during the last quarter. Finally, Tucker Asset Management LLC bought a new stake in shares of Direxion Daily AMD Bull 2X Shares in the second quarter valued at approximately $92,000.

About Direxion Daily AMD Bull 2X Shares

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.