Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Down 15.8% in January

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 48,455 shares, a decrease of 15.8% from the January 15th total of 57,573 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,632 shares, the short-interest ratio is currently 6.3 days. Based on an average daily trading volume, of 7,632 shares, the short-interest ratio is currently 6.3 days. Currently, 1.3% of the shares of the stock are sold short.

Institutional Trading of Amplify Samsung SOFR ETF

Several hedge funds and other institutional investors have recently modified their holdings of SOFR. Stifel Financial Corp grew its stake in shares of Amplify Samsung SOFR ETF by 26.8% in the 4th quarter. Stifel Financial Corp now owns 2,711 shares of the company’s stock valued at $272,000 after buying an additional 573 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Amplify Samsung SOFR ETF by 24.1% in the 4th quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock valued at $1,438,000 after purchasing an additional 2,786 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Amplify Samsung SOFR ETF in the 1st quarter valued at $468,000. Citadel Advisors LLC raised its holdings 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 valued at $842,000 after buying an additional 5,651 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in shares of Amplify Samsung SOFR ETF in the fourth quarter worth about $832,000.

Amplify Samsung SOFR ETF Stock Down 0.0%

NYSEARCA:SOFR traded down $0.02 during trading hours on Tuesday, hitting $100.31. 45,815 shares of the company’s stock traded hands, compared to its average volume of 8,722. Amplify Samsung SOFR ETF has a twelve month low of $100.03 and a twelve month high of $100.89. The stock’s fifty day moving average price is $100.29 and its two-hundred day moving average price is $100.30.

Amplify Samsung SOFR ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a dividend of $0.3037 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 3.6%.

About Amplify Samsung SOFR ETF

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.