GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Short Interest Update

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 8,700 shares, a decline of 37.9% from the February 13th total of 14,000 shares. Currently, 3.5% of the company’s stock are sold short. Based on an average trading volume of 47,800 shares, the days-to-cover ratio is presently 0.2 days.

GraniteShares 1x Short AMD Daily ETF Trading Down 2.9 %

NASDAQ AMDS opened at $18.61 on Friday. The company has a 50 day moving average price of $17.05 and a two-hundred day moving average price of $14.81. GraniteShares 1x Short AMD Daily ETF has a 12-month low of $10.98 and a 12-month high of $19.88.

Institutional Trading of GraniteShares 1x Short AMD Daily ETF

A hedge fund recently bought a new stake in GraniteShares 1x Short AMD Daily ETF stock. Optiver Holding B.V. bought a new stake in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 122,113 shares of the company’s stock, valued at approximately $1,945,000. Optiver Holding B.V. owned about 48.85% of GraniteShares 1x Short AMD Daily ETF as of its most recent SEC filing.

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.