Amplify High Income ETF (NYSEARCA:YYY) Short Interest Update
by Doug Wharley · The Cerbat GemAmplify High Income ETF (NYSEARCA:YYY – Get Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 1,055,115 shares, a growth of 93.1% from the April 15th total of 546,341 shares. Based on an average daily trading volume, of 296,112 shares, the short-interest ratio is currently 3.6 days. Currently, 1.7% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp purchased a new position in shares of Amplify High Income ETF during the 3rd quarter valued at approximately $41,000. Winnow Wealth LLC purchased a new position in shares of Amplify High Income ETF during the 3rd quarter valued at approximately $49,000. LFA Lugano Financial Advisors SA purchased a new position in shares of Amplify High Income ETF during the 1st quarter valued at approximately $70,000. Fifth Third Bancorp purchased a new position in shares of Amplify High Income ETF during the 1st quarter valued at approximately $77,000. Finally, Triumph Capital Management purchased a new position in shares of Amplify High Income ETF during the 3rd quarter valued at approximately $105,000.
Amplify High Income ETF Price Performance
Shares of NYSEARCA:YYY opened at $11.42 on Tuesday. Amplify High Income ETF has a 1 year low of $10.69 and a 1 year high of $11.93. The firm has a market capitalization of $704.04 million, a price-to-earnings ratio of 22.17 and a beta of 0.73. The business’s 50 day moving average price is $11.32 and its 200-day moving average price is $11.54.
Amplify High Income ETF Company Profile
The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.