Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Declines By 93.9%

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,200 shares, a drop of 93.9% from the March 31st total of 19,800 shares. Based on an average daily volume of 66,500 shares, the days-to-cover ratio is presently 0.0 days.

GraniteShares 1x Short AMD Daily ETF Trading Down 1.7 %

Shares of NASDAQ:AMDS traded down $0.23 during trading on Thursday, reaching $13.70. The stock had a trading volume of 15,506 shares, compared to its average volume of 58,325. GraniteShares 1x Short AMD Daily ETF has a 52 week low of $9.48 and a 52 week high of $28.32. The stock has a fifty day simple moving average of $12.14 and a two-hundred day simple moving average of $16.78.

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.