GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Short Interest Down 37.9% in February

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 8,700 shares, a drop of 37.9% from the February 13th total of 14,000 shares. Based on an average daily trading volume, of 47,800 shares, the short-interest ratio is currently 0.2 days. Approximately 3.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GraniteShares 1x Short AMD Daily ETF stock. Optiver Holding B.V. bought a new position 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 SEC. The firm bought 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 at the end of the most recent quarter.

GraniteShares 1x Short AMD Daily ETF Stock Down 2.9 %

AMDS stock opened at $18.61 on Friday. GraniteShares 1x Short AMD Daily ETF has a twelve month low of $10.98 and a twelve month high of $19.88. The business has a 50 day moving average of $17.05 and a 200 day moving average of $14.82.

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.