Direxion Daily AMD Bear 1X Shares (NASDAQ:AMDD – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 105,444 shares, a drop of 57.5% from the February 26th total of 248,275 shares. Based on an average daily volume of 19,551,590 shares, the short-interest ratio is currently 0.0 days. Currently, 11.1% of the shares of the stock are sold short.
Direxion Daily AMD Bear 1X Shares Stock Up 0.9%
Shares of Direxion Daily AMD Bear 1X Shares stock opened at $9.04 on Friday. Direxion Daily AMD Bear 1X Shares has a 1-year low of $7.44 and a 1-year high of $34.74. The firm’s 50-day moving average price is $8.99 and its two-hundred day moving average price is $9.86.
Direxion Daily AMD Bear 1X Shares Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th will be issued a $0.1138 dividend. This represents a $0.46 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, March 24th.
Institutional Investors Weigh In On Direxion Daily AMD Bear 1X Shares
Direxion Daily AMD Bear 1X Shares Company Profile
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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