GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Sees Significant Growth in Short Interest

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 94,100 shares, a growth of 684.2% from the September 15th total of 12,000 shares. Based on an average daily trading volume, of 61,600 shares, the short-interest ratio is presently 1.5 days.

GraniteShares 1x Short AMD Daily ETF Trading Up 3.8 %

Shares of NASDAQ AMDS opened at $11.98 on Friday. The firm has a 50-day simple moving average of $13.34 and a 200-day simple moving average of $13.08. GraniteShares 1x Short AMD Daily ETF has a 52 week low of $9.48 and a 52 week high of $28.32.

About GraniteShares 1x Short AMD Daily ETF

The GraniteShares 1x Short AMD Daily ETF (AMDS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 1x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDS was launched on Aug 21, 2023 and is issued by GraniteShares.