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

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 1,300 shares, a decrease of 7.1% from the November 30th total of 1,400 shares. Based on an average daily trading volume, of 47,300 shares, the days-to-cover ratio is presently 0.0 days.

GraniteShares 1x Short AMD Daily ETF Trading Up 2.1 %

Shares of NASDAQ AMDS traded up $0.32 on Monday, reaching $15.68. 36,553 shares of the company traded hands, compared to its average volume of 50,117. The company has a 50 day moving average of $14.09 and a 200 day moving average of $13.44. GraniteShares 1x Short AMD Daily ETF has a fifty-two week low of $9.48 and a fifty-two week high of $16.80.

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.