Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU) Stock Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

Direxion Daily AMD Bull 2X ETF (NASDAQ:AMUU)’s share price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $159.19 and traded as low as $153.23. Direxion Daily AMD Bull 2X ETF shares last traded at $153.45, with a volume of 72,452 shares changing hands.

Direxion Daily AMD Bull 2X ETF Trading Down 15.1%

The stock’s fifty day moving average price is $227.71 and its 200 day moving average price is $159.19.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AMUU. Halbert Hargrove Global Advisors LLC purchased a new stake in Direxion Daily AMD Bull 2X ETF in the third quarter worth about $88,000. Tucker Asset Management LLC bought a new position in shares of Direxion Daily AMD Bull 2X ETF during the second quarter valued at approximately $92,000. Finally, Optiver Holding B.V. lifted its holdings in shares of Direxion Daily AMD Bull 2X ETF by 40.7% during the first quarter. Optiver Holding B.V. now owns 29,092 shares of the company’s stock valued at $1,239,000 after purchasing an additional 8,415 shares during the last quarter.

Direxion Daily AMD Bull 2X ETF 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.