Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Update

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 18,318 shares, a drop of 62.2% from the January 29th total of 48,455 shares. Based on an average daily volume of 5,032 shares, the short-interest ratio is currently 3.6 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 5,032 shares, the short-interest ratio is currently 3.6 days.

Hedge Funds Weigh In On Amplify Samsung SOFR ETF

Several large investors have recently modified their holdings of SOFR. Capital Wealth Planning LLC grew its position in Amplify Samsung SOFR ETF by 47.6% during the 4th quarter. Capital Wealth Planning LLC now owns 2,841,417 shares of the company’s stock valued at $284,736,000 after purchasing an additional 916,875 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Amplify Samsung SOFR ETF by 234.3% in the second quarter. Jane Street Group LLC now owns 15,614 shares of the company’s stock worth $1,564,000 after buying an additional 10,943 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Amplify Samsung SOFR ETF in the fourth quarter worth approximately $832,000. Citadel Advisors LLC grew its holdings in shares of Amplify Samsung SOFR ETF by 205.3% during the third quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock valued at $842,000 after buying an additional 5,651 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Amplify Samsung SOFR ETF by 24.1% during the fourth quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock valued at $1,438,000 after acquiring an additional 2,786 shares in the last quarter.

Amplify Samsung SOFR ETF Stock Performance

Amplify Samsung SOFR ETF stock opened at $100.39 on Thursday. Amplify Samsung SOFR ETF has a twelve month low of $100.03 and a twelve month high of $100.89. The stock’s 50 day moving average is $100.30 and its 200 day moving average is $100.31.

Amplify Samsung SOFR ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 26th will be paid a $0.3044 dividend. This is an increase from Amplify Samsung SOFR ETF’s previous monthly dividend of $0.30. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Thursday, February 26th.

About Amplify Samsung SOFR ETF

The Amplify Samsung SOFR ETF (SOFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure. SOFR was launched on Nov 15, 2023 and is issued by Amplify Investments.