Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Down 64.3% in May

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,783 shares, a decline of 64.3% from the May 14th total of 4,993 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 4,445 shares, the days-to-cover ratio is currently 0.4 days.

Amplify Etho Climate Leadership U.S. ETF Price Performance

ETHO traded up $1.09 on Friday, hitting $77.42. 2,687 shares of the stock were exchanged, compared to its average volume of 3,772. Amplify Etho Climate Leadership U.S. ETF has a 12 month low of $55.23 and a 12 month high of $77.88. The business has a 50-day moving average of $73.47 and a two-hundred day moving average of $69.56. The firm has a market capitalization of $181.94 million, a price-to-earnings ratio of 18.91 and a beta of 1.13.

Institutional Investors Weigh In On Amplify Etho Climate Leadership U.S. ETF

Several institutional investors and hedge funds have recently bought and sold shares of ETHO. Bailard Inc. raised its stake in Amplify Etho Climate Leadership U.S. ETF by 0.6% during the fourth quarter. Bailard Inc. now owns 64,285 shares of the company’s stock worth $4,198,000 after acquiring an additional 382 shares in the last quarter. WCG Wealth Advisors LLC raised its stake in Amplify Etho Climate Leadership U.S. ETF by 403.6% during the fourth quarter. WCG Wealth Advisors LLC now owns 61,192 shares of the company’s stock worth $3,996,000 after acquiring an additional 49,042 shares in the last quarter. Modern Wealth Management LLC acquired a new position in Amplify Etho Climate Leadership U.S. ETF during the second quarter worth about $3,003,000. Envestnet Portfolio Solutions Inc. raised its stake in Amplify Etho Climate Leadership U.S. ETF by 16.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 44,923 shares of the company’s stock worth $2,933,000 after acquiring an additional 6,408 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Amplify Etho Climate Leadership U.S. ETF by 23.4% during the fourth quarter. LPL Financial LLC now owns 39,390 shares of the company’s stock worth $2,572,000 after acquiring an additional 7,482 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Company Profile

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.