AMD Traders Get New Leveraged ETFs As AI Chip Battle Heats Up
New Trading Tools for AMD: Direxion has introduced two new ETFs, AMUU and AMDD, allowing traders to leverage or short Advanced Micro Devices Inc (AMD) based on its daily stock performance amid the AI-driven semiconductor boom.
Short-Term Focus: These leveraged and inverse ETFs are designed for active traders rather than long-term investors, as they reset daily and can lead to unexpected performance if held for extended periods.
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SRLN and AMDD Experience Significant ETF Withdrawals
ETF Outflow Details: The Direxion Daily AMD Bear 1X Shares experienced the largest outflow, losing 1,725,000 units, which is a 39.7% decline in outstanding units compared to the previous week.
Market Impact: The significant outflow from this ETF indicates a notable shift in investor sentiment regarding AMD-related investments.
Video Content: A video segment discusses the outflows of SRLN and AMDD ETFs, providing further insights into market trends.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
Direxion Daily AMD Bear 1X Shares declares quarterly distribution of $0.1717
Dividend Announcement: Direxion Daily AMD Bear 1X Shares (NASDAQ: AMDD) will pay a dividend of $0.1717 on July 1, with shareholders of record on June 24 and an ex-dividend date also on June 24.
Additional Information: The article includes details about the dividend scorecard for Direxion Daily AMD Bear 1X Shares, indicating its performance metrics up to October 2023.
AMD Traders Get New Leveraged ETFs As AI Chip Battle Heats Up
New Trading Tools for AMD: Direxion has introduced two new ETFs, AMUU and AMDD, allowing traders to leverage or short Advanced Micro Devices Inc (AMD) based on its daily stock performance amid the AI-driven semiconductor boom.
Short-Term Focus: These leveraged and inverse ETFs are designed for active traders rather than long-term investors, as they reset daily and can lead to unexpected performance if held for extended periods.
SRLN and AMDD Experience Significant ETF Withdrawals
ETF Outflow Details: The Direxion Daily AMD Bear 1X Shares experienced the largest outflow, losing 1,725,000 units, which is a 39.7% decline in outstanding units compared to the previous week.
Market Impact: The significant outflow from this ETF indicates a notable shift in investor sentiment regarding AMD-related investments.
Video Content: A video segment discusses the outflows of SRLN and AMDD ETFs, providing further insights into market trends.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
Direxion Daily AMD Bear 1X Shares declares quarterly distribution of $0.1717
Dividend Announcement: Direxion Daily AMD Bear 1X Shares (NASDAQ: AMDD) will pay a dividend of $0.1717 on July 1, with shareholders of record on June 24 and an ex-dividend date also on June 24.
Additional Information: The article includes details about the dividend scorecard for Direxion Daily AMD Bear 1X Shares, indicating its performance metrics up to October 2023.
AMD Traders Get New Leveraged ETFs As AI Chip Battle Heats Up
New Trading Tools for AMD: Direxion has introduced two new ETFs, AMUU and AMDD, allowing traders to leverage or short Advanced Micro Devices Inc (AMD) based on its daily stock performance amid the AI-driven semiconductor boom.
Short-Term Focus: These leveraged and inverse ETFs are designed for active traders rather than long-term investors, as they reset daily and can lead to unexpected performance if held for extended periods.
