Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Short Interest Up 139.6% in July

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 19,339 shares, an increase of 139.6% from the July 15th total of 8,071 shares. Approximately 2.4% of the shares of the stock are short sold. Based on an average daily volume of 12,201 shares, the days-to-cover ratio is presently 1.6 days.

Amplify Natural Resources Dividend Income ETF Price Performance

NDIV traded up $0.43 on Friday, hitting $34.62. 10,720 shares of the stock were exchanged, compared to its average volume of 15,476. The firm has a market capitalization of $27.70 million, a price-to-earnings ratio of 11.40 and a beta of 0.53. Amplify Natural Resources Dividend Income ETF has a 12 month low of $26.20 and a 12 month high of $37.65. The business has a 50-day moving average of $33.15 and a two-hundred day moving average of $33.77.

Amplify Natural Resources Dividend Income ETF Company Profile

The Amplify Natural Resources Dividend Income ETF (NDIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of 40 to 60 US-listed dividend-paying companies engaged in the natural resources industry. Holdings are selected based on fundamental factors and weighted by dividend yield. NDIV was launched on Aug 24, 2022 and is managed by Amplify.