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

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, a decrease of 97.3% from the May 15th total of 7,500 shares. Based on an average trading volume of 41,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On GraniteShares 1x Short AMD Daily ETF

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

GraniteShares 1x Short AMD Daily ETF Stock Performance

Shares of AMDS stock opened at $13.84 on Thursday. The stock’s fifty day moving average is $16.79 and its 200-day moving average is $16.61. GraniteShares 1x Short AMD Daily ETF has a 52 week low of $10.98 and a 52 week high of $23.77.

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.