Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Short Interest Up 139.6% in July

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 19,339 shares, a growth of 139.6% from the July 15th total of 8,071 shares. Approximately 2.4% of the company’s shares are short sold. Based on an average trading volume of 12,201 shares, the days-to-cover ratio is presently 1.6 days.

Amplify Natural Resources Dividend Income ETF Stock Up 1.3%

Amplify Natural Resources Dividend Income ETF stock traded up $0.43 during trading hours on Friday, reaching $34.62. 10,720 shares of the company’s stock were exchanged, compared to its average volume of 15,476. The firm’s 50 day simple moving average is $33.15 and its 200 day simple moving average is $33.77. Amplify Natural Resources Dividend Income ETF has a twelve month low of $26.20 and a twelve month high of $37.65. The firm has a market capitalization of $27.70 million, a PE ratio of 11.40 and a beta of 0.53.

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.