Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Up 77.1% in May
by Amy Steele · The Cerbat GemAmplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 4,993 shares, a growth of 77.1% from the April 30th total of 2,819 shares. Based on an average daily volume of 4,375 shares, the short-interest ratio is currently 1.1 days. Currently, 0.2% of the company’s shares are short sold.
Amplify Etho Climate Leadership U.S. ETF Price Performance
Amplify Etho Climate Leadership U.S. ETF stock traded up $0.46 during trading hours on Tuesday, hitting $76.72. The stock had a trading volume of 3,150 shares, compared to its average volume of 3,798. Amplify Etho Climate Leadership U.S. ETF has a 1-year low of $55.23 and a 1-year high of $76.79. The stock’s fifty day moving average is $71.57 and its two-hundred day moving average is $68.75. The stock has a market capitalization of $180.29 million, a price-to-earnings ratio of 18.91 and a beta of 1.13.
Hedge Funds Weigh In On Amplify Etho Climate Leadership U.S. ETF
A number of large investors have recently modified their holdings of the company. Quantinno Capital Management LP purchased a new stake in shares of Amplify Etho Climate Leadership U.S. ETF during the 1st quarter valued at about $465,000. Cetera Investment Advisers increased its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 5,457 shares of the company’s stock worth $361,000 after acquiring an additional 615 shares during the period. Kestra Advisory Services LLC grew its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 25.8% in the first quarter. Kestra Advisory Services LLC now owns 6,182 shares of the company’s stock worth $409,000 after purchasing an additional 1,266 shares in the last quarter. Westfuller Advisors LLC acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the 1st quarter valued at $134,000. Finally, Ascentis Independent Advisors bought a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the 1st quarter valued at approximately $235,000.
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.