Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Sees Large Growth in Short Interest

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,966 shares, an increase of 315.6% from the May 31st total of 1,195 shares. Based on an average trading volume of 16,443 shares, the short-interest ratio is currently 0.3 days. Currently, 0.6% of the shares of the company are short sold.

Amplify Natural Resources Dividend Income ETF Stock Down 0.0%

Shares of NDIV stock traded down $0.01 on Friday, reaching $32.70. The stock had a trading volume of 10,031 shares, compared to its average volume of 16,717. The firm’s 50-day moving average is $34.56 and its two-hundred day moving average is $32.49. The firm has a market capitalization of $25.18 million, a price-to-earnings ratio of 11.40 and a beta of 0.53. Amplify Natural Resources Dividend Income ETF has a 12 month low of $26.20 and a 12 month high of $37.65.

Amplify Natural Resources Dividend Income ETF Company Profile

The Amplify Natural Resources Dividend Income ETF (NDIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of 40 to 60 US-listed dividend-paying companies engaged in the natural resources industry. Holdings are selected based on fundamental factors and weighted by dividend yield. NDIV was launched on Aug 24, 2022 and is managed by Amplify.