GraniteShares 1x Short AMD Daily ETF
AMDS
NASDAQ Global Market- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Aug 22, 2023
- Similar Companies
- Business
- GraniteShares ETF Trust - GraniteShares 1x Short AMD Daily ETF (AMDS) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of -1 times (-100%) the daily percentage change of the common stock of Advanced Micro Devices, Inc. (NASDAQ: AMD); the fund achieves its inverse exposure primarily through swap agreements with counterparties such as Cowen Financial Products LLC, supplemented by options contracts including deep in-the-money puts, at-the-money puts paired with call sales (synthetic forwards), and FLEX options; cash balances are collateralized with U.S. Government securities, money market funds, short-term bond ETFs, investment-grade corporate debt, repurchase agreements, or select U.S. equities and fixed income securities. Launched on August 21, 2023, and domiciled in the United States, AMDS trades on the Nasdaq Stock Market LLC and targets knowledgeable investors seeking short-term trading vehicles for inverse performance to AMD, a semiconductor company focused on data center, client, gaming, and embedded segments. GraniteShares ETF Trust forms part of the offerings managed by GraniteShares Inc., with investment advisory provided by GraniteShares Advisors LLC; GraniteShares, founded in 2016 and headquartered at 222 Broadway, 21st Floor, New York, New York, operates as a global asset manager specializing in innovative exchange-traded products including leveraged and inverse single-stock ETFs, physically backed commodities funds (gold, platinum), high-income strategies, disruptive technology indexes, and the expanding YieldBOOST suite of options-income ETFs. The firm maintains geographic operations across the United States and Europe, with its European business launched in London in 2019 listing short and leveraged single-stock ETPs plus concentrated equity baskets (e.g., FAANG) on exchanges in the UK, Italy, France, and Germany; as of late 2025, GraniteShares manages over $11 billion in assets under management. In recent developments, GraniteShares has aggressively expanded its product lineup in 2025, launching multiple new ETFs including the YieldBOOST family additions such as RTYY (Riot Platforms), HMYY (Hims & Hers Health), MTYY (MicroStrategy), PLYY (Palantir), YSPY (S&P 500 exposure), TQQY (Nasdaq-100 exposure), YBST (Single Universe fund-of-funds), and YBTY (TopY fund-of-funds), alongside leveraged single-stock ETFs like PDDL, NOWL, AVGU, QCML (Qualcomm), and DLLL (Dell); these initiatives have driven YieldBOOST AUM beyond $649 million by November 2025, reflecting a strategic shift toward high-yield options strategies on leveraged single-stock and broad-market exposures. The firm continues to emphasize low-cost, disruptive ETF structures without K-1 issuance, maintaining a Series A funding stage with $3.5 million raised and backing from Bain Capital Ventures.