Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Update
by Amy Steele · The Cerbat GemAmplify Samsung SOFR ETF (NYSEARCA:SOFR – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 35,365 shares, an increase of 132.0% from the July 15th total of 15,246 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 6,849 shares, the short-interest ratio is currently 5.2 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in SOFR. Jane Street Group LLC bought a new stake in Amplify Samsung SOFR ETF in the 1st quarter valued at $468,000. Citadel Advisors LLC boosted its position in Amplify Samsung SOFR ETF by 205.3% during the third quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock worth $842,000 after purchasing an additional 5,651 shares during the period. LPL Financial LLC boosted its position in Amplify Samsung SOFR ETF by 24.1% during the fourth quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock worth $1,438,000 after purchasing an additional 2,786 shares during the period. Capital Wealth Planning LLC increased its holdings in shares of Amplify Samsung SOFR ETF by 47.6% in the fourth 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. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Amplify Samsung SOFR ETF in the fourth quarter valued at $832,000.
Amplify Samsung SOFR ETF Price Performance
NYSEARCA SOFR traded down $0.03 during trading on Friday, reaching $100.21. 6,143 shares of the company’s stock were exchanged, compared to its average volume of 13,584. The business has a 50 day moving average price of $100.28 and a 200-day moving average price of $100.28. Amplify Samsung SOFR ETF has a fifty-two week low of $100.05 and a fifty-two week high of $100.89.
Amplify Samsung SOFR ETF Company Profile
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.