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 increase in short interest in the month of January. As of January 31st, there was short interest totalling 6,200 shares, an increase of 416.7% from the January 15th total of 1,200 shares. Based on an average trading volume of 46,100 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 1x Short AMD Daily ETF Trading Down 0.8 %

Shares of GraniteShares 1x Short AMD Daily ETF stock opened at $16.96 on Thursday. The firm has a 50-day simple moving average of $15.74 and a two-hundred day simple moving average of $14.18. GraniteShares 1x Short AMD Daily ETF has a fifty-two week low of $9.48 and a fifty-two week high of $17.72.

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.