Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) Short Interest Update

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 4,300 shares, a growth of 38.7% from the November 15th total of 3,100 shares. Based on an average daily volume of 52,100 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Direxion Daily AMZN Bear 1X Shares stock. Flow Traders U.S. LLC acquired a new position in Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 12,194 shares of the company’s stock, valued at approximately $168,000. Flow Traders U.S. LLC owned approximately 4.06% of Direxion Daily AMZN Bear 1X Shares as of its most recent SEC filing.

Direxion Daily AMZN Bear 1X Shares Trading Up 0.5 %

NASDAQ:AMZD traded up $0.06 during trading hours on Friday, hitting $11.22. The company’s stock had a trading volume of 30,251 shares, compared to its average volume of 45,455. Direxion Daily AMZN Bear 1X Shares has a 52-week low of $11.05 and a 52-week high of $18.34. The business’s 50-day moving average is $12.82 and its two-hundred day moving average is $13.76.

Direxion Daily AMZN Bear 1X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a $0.1408 dividend. This represents a $0.56 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend was Tuesday, September 24th.

About Direxion Daily AMZN Bear 1X Shares

The Direxion Daily AMZN Bear 1X Shares ETF (AMZD) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZD was launched on Sep 7, 2022 and is managed by Direxion.