Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Increases By 301.8%

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 22,900 shares, a growth of 301.8% from the October 15th total of 5,700 shares. Based on an average daily trading volume, of 52,000 shares, the days-to-cover ratio is presently 0.4 days.

GraniteShares 1x Short AMD Daily ETF Stock Up 2.9 %

AMDS stock opened at $13.86 on Thursday. The stock’s 50 day simple moving average is $12.76 and its 200 day simple moving average is $13.07. GraniteShares 1x Short AMD Daily ETF has a 12-month low of $9.48 and a 12-month high of $22.43.

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.