Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Short Interest Down 90.1% in May

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,195 shares, a decrease of 90.1% from the May 14th total of 12,117 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 22,988 shares, the days-to-cover ratio is currently 0.1 days.

Amplify Natural Resources Dividend Income ETF Stock Up 1.4%

Shares of Amplify Natural Resources Dividend Income ETF stock traded up $0.47 on Wednesday, reaching $34.13. The stock had a trading volume of 21,200 shares, compared to its average volume of 17,257. The stock has a market capitalization of $26.28 million, a P/E ratio of 11.40 and a beta of 0.53. The company has a 50 day moving average price of $35.12 and a 200 day moving average price of $31.96. Amplify Natural Resources Dividend Income ETF has a 1 year low of $26.20 and a 1 year 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.