Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) Short Interest Update

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 10,600 shares, an increase of 1,666.7% from the March 31st total of 600 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Direxion Daily AMZN Bear 1X Shares

An institutional investor recently bought a new position in Direxion Daily AMZN Bear 1X Shares stock. IMC Chicago LLC acquired a new stake in shares of Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,832 shares of the company’s stock, valued at approximately $781,000. IMC Chicago LLC owned about 26.37% of Direxion Daily AMZN Bear 1X Shares as of its most recent SEC filing.

Direxion Daily AMZN Bear 1X Shares Stock Performance

Shares of AMZD opened at $15.14 on Friday. The company’s 50 day simple moving average is $14.82 and its 200-day simple moving average is $16.97. Direxion Daily AMZN Bear 1X Shares has a 12-month low of $13.86 and a 12-month high of $27.52.

Direxion Daily AMZN Bear 1X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were paid a dividend of $0.1672 per share. This represents a $0.67 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend was Tuesday, March 19th.

Direxion Daily AMZN Bear 1X Shares Company Profile

The Direxion Daily AMZN Bear 1X Shares ETF (AMZD) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZD was launched on Sep 7, 2022 and is managed by Direxion.