Short Interest in GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Declines By 93.4%

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

GraniteShares 1x Short AMD Daily ETF Stock Performance

NASDAQ AMDS traded up $0.18 during mid-day trading on Wednesday, reaching $14.18. 18,648 shares of the stock were exchanged, compared to its average volume of 50,942. The business’s 50 day moving average is $12.84 and its 200-day moving average is $13.09. GraniteShares 1x Short AMD Daily ETF has a 1 year low of $9.48 and a 1 year 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.