GraniteShares 2x Long AMZN Daily ETF Price & Performance (AMZZ)

Super Micro Computer Inc. (SMCI) shares have climbed over 62% in the past month, driven by growing demand for AI-related data center services. The company's direct-liquid cooling technology is in about a third of all data centers, a figure expected to rise. Investors are exploring leveraged ETFs for heightened exposure.1

The GraniteShares 2x Long AMZN Daily ETF (AMZZ) experienced a 65.5% drop in short interest in February. This change reflects reduced bearish sentiment as the ETF targets double the daily performance of Amazon stock. Despite volatility, the fund remains a focus for traders seeking leveraged exposure to Amazon.2

Tesla saw trading volume more than double in February, despite a 28% drop in its market cap. The decline followed weak European vehicle registration data. Meanwhile, investor interest in Alphabet and Nvidia grew, with trading activity reflecting a shift towards AI and semiconductor sectors.3