Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Shares Shorted: Short Interest Up 1,496.9% in October

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 14,133 shares, an increase of 1,496.9% from the September 30th total of 885 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 5,874 shares, the short-interest ratio is presently 2.4 days.

Amplify Etho Climate Leadership U.S. ETF Price Performance

Shares of Amplify Etho Climate Leadership U.S. ETF stock traded up $0.40 during midday trading on Monday, reaching $80.51. The company had a trading volume of 1,529 shares, compared to its average volume of 3,687. The stock has a fifty day moving average price of $80.55 and a 200 day moving average price of $74.92. Amplify Etho Climate Leadership U.S. ETF has a fifty-two week low of $61.14 and a fifty-two week high of $83.93. The firm has a market cap of $193.22 million, a PE ratio of 18.91 and a beta of 1.12.

Institutional Investors Weigh In On Amplify Etho Climate Leadership U.S. ETF

Several large investors have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. boosted its stake in Amplify Etho Climate Leadership U.S. ETF by 23.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 62,072 shares of the company’s stock worth $5,004,000 after purchasing an additional 11,667 shares during the period. Stonehearth Capital Management LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter valued at about $1,756,000. PFG Investments LLC grew its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 9.8% during the 1st quarter. PFG Investments LLC now owns 12,309 shares of the company’s stock valued at $813,000 after purchasing an additional 1,099 shares during the last quarter. Evergreen Capital Management LLC bought a new position in Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter worth approximately $687,000. Finally, Quantinno Capital Management LP purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the first quarter worth $465,000.

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.