Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Up 77.1% in May

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,993 shares, an increase of 77.1% from the April 30th total of 2,819 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 4,375 shares, the short-interest ratio is presently 1.1 days.

Amplify Etho Climate Leadership U.S. ETF Price Performance

Shares of Amplify Etho Climate Leadership U.S. ETF stock traded up $0.46 during trading on Tuesday, hitting $76.72. 3,150 shares of the company were exchanged, compared to its average volume of 3,798. The firm’s fifty day moving average price is $71.57 and its 200 day moving average price is $68.75. Amplify Etho Climate Leadership U.S. ETF has a 1-year low of $55.23 and a 1-year high of $76.79. The firm has a market capitalization of $180.29 million, a P/E ratio of 18.91 and a beta of 1.13.

Institutional Trading of Amplify Etho Climate Leadership U.S. ETF

Several large investors have recently bought and sold shares of ETHO. Modern Wealth Management LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF during the second quarter valued at approximately $3,003,000. SGL Investment Advisors Inc. boosted its position in Amplify Etho Climate Leadership U.S. ETF by 3.6% in the third quarter. SGL Investment Advisors Inc. now owns 6,955 shares of the company’s stock worth $449,000 after purchasing an additional 240 shares during the last quarter. Allegheny Financial Group raised its stake in Amplify Etho Climate Leadership U.S. ETF by 5.4% during the 3rd quarter. Allegheny Financial Group now owns 21,516 shares of the company’s stock valued at $1,370,000 after purchasing an additional 1,108 shares during the period. GGM Financials LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF during the third quarter valued at approximately $40,000. Finally, Two Sigma Investments LP purchased a new stake in shares of Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter worth $331,000.

About Amplify Etho Climate Leadership U.S. ETF

The Etho Climate Leadership U.S. ETF (ETHO) is an exchange-traded fund that is based on the Etho Climate Leadership index. The fund tracks the performance of an equal-weighted index that selects US stocks that exhibit the least carbon impact within its industry. Certain industries are excluded altogether. ETHO was launched on Nov 18, 2015 and is managed by Etho Capital.