Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Short Interest Up 84.5% in July

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 8,071 shares, an increase of 84.5% from the June 30th total of 4,374 shares. Based on an average trading volume of 10,758 shares, the short-interest ratio is currently 0.8 days. Currently, 1.0% of the company’s shares are sold short.

Amplify Natural Resources Dividend Income ETF Stock Performance

Shares of NYSEARCA:NDIV traded up $0.37 during midday trading on Friday, reaching $33.99. The company’s stock had a trading volume of 10,666 shares, compared to its average volume of 15,880. Amplify Natural Resources Dividend Income ETF has a fifty-two week low of $26.20 and a fifty-two week high of $37.65. The firm has a 50 day moving average price of $33.33 and a two-hundred day moving average price of $33.44. The firm has a market capitalization of $27.53 million, a price-to-earnings ratio of 11.40 and a beta of 0.54.

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.