Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) Short Interest Up 104.3% in October

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 9,600 shares, an increase of 104.3% from the October 15th total of 4,700 shares. Based on an average daily trading volume, of 47,600 shares, the short-interest ratio is currently 0.2 days.

Direxion Daily AMZN Bear 1X Shares Price Performance

Shares of NASDAQ AMZD opened at $12.26 on Wednesday. The firm has a fifty day simple moving average of $13.69 and a 200 day simple moving average of $14.10. Direxion Daily AMZN Bear 1X Shares has a twelve month low of $12.06 and a twelve month high of $19.00.

Direxion Daily AMZN Bear 1X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were issued a $0.1408 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date of this dividend was Tuesday, September 24th.

Direxion Daily AMZN Bear 1X Shares Company Profile

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.