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

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

Institutional Investors Weigh In On GraniteShares 1x Short AMD Daily ETF

A hedge fund recently bought a new stake in GraniteShares 1x Short AMD Daily ETF stock. Optiver Holding B.V. bought a new stake in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 122,113 shares of the company’s stock, valued at approximately $1,945,000. Optiver Holding B.V. owned 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 Price Performance

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

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.