Short Interest in Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Decreases By 20.6%

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 17,986 shares, a decrease of 20.6% from the March 31st total of 22,654 shares. Based on an average daily trading volume, of 22,906 shares, the short-interest ratio is currently 0.8 days. Currently, 2.4% of the company’s stock are short sold.

Amplify Natural Resources Dividend Income ETF Trading Up 1.2%

NDIV traded up $0.44 during trading hours on Thursday, hitting $35.81. 12,329 shares of the company’s stock were exchanged, compared to its average volume of 16,744. Amplify Natural Resources Dividend Income ETF has a 12-month low of $25.80 and a 12-month high of $37.65. The firm has a 50 day moving average of $34.62 and a 200 day moving average of $30.43. The firm has a market cap of $26.86 million, a P/E ratio of 11.40 and a beta of 0.64.

Amplify Natural Resources Dividend Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a dividend of $0.2706 per share. This is a boost from Amplify Natural Resources Dividend Income ETF’s previous monthly dividend of $0.13. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a yield of 9.1%.

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.