GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Short Interest Update

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 8,700 shares, a decline of 37.9% from the February 13th total of 14,000 shares. Based on an average trading volume of 47,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.5% of the shares of the company are short sold.

GraniteShares 1x Short AMD Daily ETF Trading Down 2.9 %

Shares of GraniteShares 1x Short AMD Daily ETF stock opened at $18.61 on Friday. GraniteShares 1x Short AMD Daily ETF has a 52-week low of $10.98 and a 52-week high of $19.88. The company’s 50-day simple moving average is $17.05 and its 200-day simple moving average is $14.81.

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 shares of GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent quarter.

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.