Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD) Short Interest Up 153.7% in January

Posted by Paula Ricardo on Jan 30th, 2025

Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD – Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 88,800 shares, an increase of 153.7% from the December 31st total of 35,000 shares. Based on an average daily volume of 58,600 shares, the short-interest ratio is presently 1.5 days.

Direxion Daily AMZN Bear 1X Shares Price Performance

NASDAQ:AMZD traded up $0.07 during trading hours on Thursday, hitting $10.74. 9,439 shares of the company’s stock traded hands, compared to its average volume of 63,423. Direxion Daily AMZN Bear 1X Shares has a 52 week low of $10.46 and a 52 week high of $17.11. The business’s fifty day simple moving average is $11.49 and its two-hundred day simple moving average is $13.12.

Direxion Daily AMZN Bear 1X Shares Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.1119 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Direxion Daily AMZN Bear 1X Shares

An institutional investor recently bought a new position in Direxion Daily AMZN Bear 1X Shares stock. Flow Traders U.S. LLC bought a new position in Direxion Daily AMZN Bear 1X Shares (NASDAQ:AMZD – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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 at the end of the most recent reporting period.

Direxion Daily AMZN Bear 1X Shares Company Profile

(Get Free Report)

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.