Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Sees Large Decrease in Short Interest

by · The Cerbat Gem

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 2,819 shares, a decline of 34.7% from the April 15th total of 4,318 shares. Based on an average daily trading volume, of 6,587 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Amplify Etho Climate Leadership U.S. ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Quantinno Capital Management LP acquired a new position in Amplify Etho Climate Leadership U.S. ETF in the 1st quarter worth $465,000. Cetera Investment Advisers lifted its holdings in 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 buying an additional 615 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in Amplify Etho Climate Leadership U.S. ETF by 25.8% in the 1st quarter. Kestra Advisory Services LLC now owns 6,182 shares of the company’s stock worth $409,000 after buying an additional 1,266 shares in the last quarter. Westfuller Advisors LLC acquired a new position in Amplify Etho Climate Leadership U.S. ETF in the 1st quarter worth $134,000. Finally, Ascentis Independent Advisors acquired a new position in Amplify Etho Climate Leadership U.S. ETF in the 1st quarter worth $235,000.

Amplify Etho Climate Leadership U.S. ETF Trading Down 0.4%

ETHO stock traded down $0.32 during trading on Tuesday, reaching $72.56. The stock had a trading volume of 2,984 shares, compared to its average volume of 3,783. Amplify Etho Climate Leadership U.S. ETF has a 1-year low of $55.23 and a 1-year high of $74.94. The company has a market capitalization of $170.52 million, a P/E ratio of 18.91 and a beta of 1.13. The firm has a fifty day moving average price of $69.76 and a 200 day moving average price of $67.98.

About Amplify Etho Climate Leadership U.S. ETF

(Get Free Report)

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.

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