GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Sees Large Growth in Short Interest

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 14,000 shares, a growth of 125.8% from the January 31st total of 6,200 shares. Based on an average trading volume of 45,800 shares, the short-interest ratio is presently 0.3 days.

GraniteShares 1x Short AMD Daily ETF Stock Performance

Shares of GraniteShares 1x Short AMD Daily ETF stock opened at $18.90 on Monday. The stock’s 50-day simple moving average is $16.37 and its 200 day simple moving average is $14.42. GraniteShares 1x Short AMD Daily ETF has a 52-week low of $9.48 and a 52-week high of $19.07.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GraniteShares 1x Short AMD Daily ETF stock. Optiver Holding B.V. acquired a new stake in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 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 filing with the Securities & Exchange Commission.

GraniteShares 1x Short AMD Daily ETF Company Profile

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.