Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Down 64.3% in May
by Renee Jackson · The Cerbat GemAmplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,783 shares, a decline of 64.3% from the May 14th total of 4,993 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,445 shares, the days-to-cover ratio is currently 0.4 days.
Amplify Etho Climate Leadership U.S. ETF Trading Up 1.4%
NYSEARCA ETHO traded up $1.09 during trading on Friday, hitting $77.42. 2,687 shares of the company’s stock were exchanged, compared to its average volume of 3,772. The company has a market cap of $181.94 million, a PE ratio of 18.91 and a beta of 1.13. Amplify Etho Climate Leadership U.S. ETF has a fifty-two week low of $55.23 and a fifty-two week high of $77.88. The stock’s 50 day moving average price is $73.47 and its two-hundred day moving average price is $69.56.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Modern Wealth Management LLC acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the second quarter valued at approximately $3,003,000. GGM Financials LLC acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the third quarter valued at approximately $40,000. Two Sigma Investments LP acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the third quarter valued at approximately $331,000. Walkner Condon Financial Advisors LLC increased its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 12.2% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 14,156 shares of the company’s stock valued at $924,000 after buying an additional 1,540 shares during the period. Finally, Natural Investments LLC acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the fourth quarter valued at approximately $2,411,000.
Amplify Etho Climate Leadership U.S. ETF Company Profile
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.