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

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

Direxion Daily AMD Bull 2X Shares Trading Down 11.5%

Shares of AMUU opened at $167.95 on Friday. Direxion Daily AMD Bull 2X Shares has a 1-year low of $20.08 and a 1-year high of $206.68. The firm has a 50-day simple moving average of $81.44 and a two-hundred day simple moving average of $68.94.

Direxion Daily AMD Bull 2X Shares Cuts Dividend

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

Institutional Trading of Direxion Daily AMD Bull 2X Shares

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in Direxion Daily AMD Bull 2X Shares in the second quarter valued at approximately $1,443,000. SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily AMD Bull 2X Shares during the third quarter worth $78,000. Optiver Holding B.V. boosted its position in shares of Direxion Daily AMD Bull 2X Shares by 410.5% during the third quarter. Optiver Holding B.V. now owns 21,781 shares of the company’s stock worth $886,000 after buying an additional 17,514 shares during the period. Cresset Asset Management LLC acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the third quarter valued at $407,000. Finally, Hollencrest Capital Management acquired a new stake in shares of Direxion Daily AMD Bull 2X Shares in the fourth quarter valued at $44,000.

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.