Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Down 34.7% in April

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,819 shares, a drop of 34.7% from the April 15th total of 4,318 shares. Based on an average daily volume of 6,587 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. SGL Investment Advisors Inc. raised its position in Amplify Etho Climate Leadership U.S. ETF by 3.6% during the third quarter. SGL Investment Advisors Inc. now owns 6,955 shares of the company’s stock valued at $449,000 after purchasing an additional 240 shares in the last quarter. Evergreen Capital Management LLC raised its position in Amplify Etho Climate Leadership U.S. ETF by 2.1% during the fourth quarter. Evergreen Capital Management LLC now owns 11,794 shares of the company’s stock valued at $770,000 after purchasing an additional 248 shares in the last quarter. Bailard Inc. raised its position in Amplify Etho Climate Leadership U.S. ETF by 0.6% during the fourth quarter. Bailard Inc. now owns 64,285 shares of the company’s stock valued at $4,198,000 after purchasing an additional 382 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its position in Amplify Etho Climate Leadership U.S. ETF by 4.9% during the third quarter. Walkner Condon Financial Advisors LLC now owns 12,616 shares of the company’s stock valued at $803,000 after purchasing an additional 594 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in Amplify Etho Climate Leadership U.S. ETF by 12.7% during the first quarter. Cetera Investment Advisers now owns 5,457 shares of the company’s stock valued at $361,000 after purchasing an additional 615 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

Shares of NYSEARCA ETHO opened at $72.39 on Wednesday. The stock has a market capitalization of $170.12 million, a P/E ratio of 18.91 and a beta of 1.13. The stock’s fifty day moving average is $69.88 and its 200 day moving average is $68.04. Amplify Etho Climate Leadership U.S. ETF has a 52 week low of $55.23 and a 52 week high of $74.94.

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.