Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Decreases By 5.3%

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 9,000 shares, a drop of 5.3% from the August 15th total of 9,500 shares. Based on an average daily volume of 57,300 shares, the short-interest ratio is presently 0.2 days.

GraniteShares 1x Short AMD Daily ETF Stock Up 1.8 %

Shares of AMDS stock opened at $13.37 on Thursday. GraniteShares 1x Short AMD Daily ETF has a one year low of $9.48 and a one year high of $28.32. The company’s 50-day simple moving average is $13.67 and its 200-day simple moving average is $12.97.

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.