Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Rises By 1,869.2%

Posted by Scott Moore on Jan 15th, 2025

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS – Get Free Report) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 25,600 shares, a growth of 1,869.2% from the December 15th total of 1,300 shares. Based on an average trading volume of 44,000 shares, the days-to-cover ratio is currently 0.6 days.

GraniteShares 1x Short AMD Daily ETF Price Performance

NASDAQ AMDS traded down $0.44 on Wednesday, reaching $16.04. The company’s stock had a trading volume of 9,773 shares, compared to its average volume of 49,689. GraniteShares 1x Short AMD Daily ETF has a twelve month low of $9.48 and a twelve month high of $16.73. The firm’s 50 day moving average is $14.71 and its two-hundred day moving average is $13.65.

GraniteShares 1x Short AMD Daily ETF Company Profile

(Get Free Report)

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.