GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Short Interest Up 1,869.2% in January

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 25,600 shares, a growth of 1,869.2% from the December 31st total of 1,300 shares. Based on an average trading volume of 44,000 shares, the short-interest ratio is presently 0.6 days.

GraniteShares 1x Short AMD Daily ETF Stock Performance

AMDS opened at $16.72 on Wednesday. GraniteShares 1x Short AMD Daily ETF has a fifty-two week low of $9.48 and a fifty-two week high of $16.86. The company’s 50-day moving average is $15.12 and its 200 day moving average is $13.89.

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.