Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Down 62.6% in August

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 5,373 shares, a drop of 62.6% from the August 15th total of 14,354 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 3,108 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of Amplify Etho Climate Leadership U.S. ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. SGL Investment Advisors Inc. grew its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 4.5% in the fourth quarter. SGL Investment Advisors Inc. now owns 7,267 shares of the company’s stock worth $493,000 after purchasing an additional 312 shares during the last quarter. Cetera Investment Advisers boosted its position in Amplify Etho Climate Leadership U.S. ETF by 12.7% during the 1st quarter. Cetera Investment Advisers now owns 5,457 shares of the company’s stock valued at $361,000 after buying an additional 615 shares during the period. PFG Investments LLC boosted its position in 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 buying an additional 1,099 shares during the period. Kestra Advisory Services LLC grew its holdings in Amplify Etho Climate Leadership U.S. ETF by 25.8% in the 1st quarter. Kestra Advisory Services LLC now owns 6,182 shares of the company’s stock worth $409,000 after acquiring an additional 1,266 shares during the last quarter. Finally, Westfuller Advisors LLC bought a new stake in Amplify Etho Climate Leadership U.S. ETF in the 1st quarter worth $134,000.

Amplify Etho Climate Leadership U.S. ETF Stock Down 0.5%

Shares of ETHO traded down $0.38 during trading hours on Tuesday, hitting $79.00. The company had a trading volume of 2,644 shares, compared to its average volume of 3,594. The firm has a market cap of $185.65 million, a P/E ratio of 18.91 and a beta of 1.12. The stock’s 50 day moving average price is $80.64 and its 200 day moving average price is $75.43. Amplify Etho Climate Leadership U.S. ETF has a 52-week low of $61.14 and a 52-week high of $83.93.

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.