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

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,500 shares, a decrease of 93.4% from the October 31st total of 22,900 shares. Based on an average daily volume of 48,700 shares, the short-interest ratio is currently 0.0 days.

GraniteShares 1x Short AMD Daily ETF Trading Up 1.3 %

GraniteShares 1x Short AMD Daily ETF stock traded up $0.18 during midday trading on Wednesday, reaching $14.18. The company had a trading volume of 18,648 shares, compared to its average volume of 50,942. GraniteShares 1x Short AMD Daily ETF has a 12-month low of $9.48 and a 12-month high of $22.43. The firm’s fifty day simple moving average is $12.84 and its 200-day simple moving average is $13.09.

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.