Short Interest in Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Rises By 86.8%

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 32,600 shares, a growth of 86.8% from the November 30th total of 17,451 shares. Based on an average daily trading volume, of 10,349 shares, the short-interest ratio is presently 3.2 days. Approximately 8.6% of the company’s shares are short sold. Approximately 8.6% of the company’s shares are short sold. Based on an average daily trading volume, of 10,349 shares, the short-interest ratio is presently 3.2 days.

Amplify Natural Resources Dividend Income ETF Trading Down 0.2%

Shares of NYSEARCA NDIV traded down $0.06 during midday trading on Friday, hitting $26.84. The company’s stock had a trading volume of 3,961 shares, compared to its average volume of 8,467. Amplify Natural Resources Dividend Income ETF has a 12-month low of $23.77 and a 12-month high of $30.37. The firm has a market cap of $10.20 million, a P/E ratio of 11.40 and a beta of 0.82. The business’s 50 day moving average is $27.18 and its two-hundred day moving average is $28.07.

About Amplify Natural Resources Dividend Income ETF

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.