Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) Short Interest Update

Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 17,684 shares, a growth of 295.0% from the April 30th total of 4,477 shares. Based on an average trading volume of 30,866 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On Amplify Seymour Cannabis ETF

A number of large investors have recently added to or reduced their stakes in the company. Simplex Trading LLC increased its stake in shares of Amplify Seymour Cannabis ETF by 844.6% during the fourth quarter. Simplex Trading LLC now owns 869 shares of the company’s stock valued at $25,000 after buying an additional 777 shares during the period. LPL Financial LLC lifted its position in shares of Amplify Seymour Cannabis ETF by 15.9% in the 4th quarter. LPL Financial LLC now owns 25,499 shares of the company’s stock worth $723,000 after purchasing an additional 3,489 shares during the period. Jane Street Group LLC lifted its position in shares of Amplify Seymour Cannabis ETF by 46.7% in the 4th quarter. Jane Street Group LLC now owns 69,304 shares of the company’s stock worth $1,966,000 after purchasing an additional 22,070 shares during the period. Finally, Tidal Investments LLC increased its position in shares of Amplify Seymour Cannabis ETF by 4.3% during the third quarter. Tidal Investments LLC now owns 3,146,879 shares of the company’s stock valued at $93,053,000 after buying an additional 130,781 shares during the period.

Amplify Seymour Cannabis ETF Stock Performance

CNBS traded down $0.03 during midday trading on Friday, hitting $29.51. The stock had a trading volume of 784 shares, compared to its average volume of 19,392. Amplify Seymour Cannabis ETF has a 1 year low of $13.96 and a 1 year high of $43.94. The business has a fifty day moving average of $25.66 and a 200 day moving average of $25.55. The company has a market cap of $97.09 million, a P/E ratio of 17.73 and a beta of 1.15.

About Amplify Seymour Cannabis ETF

The Amplify Growth Opportunities ETF (CNBS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics. CNBS was launched on Jul 23, 2019 and is managed by Amplify.