Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Shares Shorted: Short Interest Down 46.8% in October

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 12,384 shares, a decline of 46.8% from the September 30th total of 23,287 shares. Based on an average daily volume of 13,228 shares, the short-interest ratio is presently 0.9 days. Approximately 1.3% of the company’s shares are sold short.

Amplify Natural Resources Dividend Income ETF Stock Up 0.7%

Shares of NDIV traded up $0.26 during trading hours on Friday, reaching $35.20. The company’s stock had a trading volume of 18,094 shares, compared to its average volume of 14,906. The company has a 50 day moving average of $34.72 and a two-hundred day moving average of $33.86. Amplify Natural Resources Dividend Income ETF has a 1-year low of $26.20 and a 1-year high of $37.65. The firm has a market cap of $34.50 million, a price-to-earnings ratio of 11.40 and a beta of 0.55.

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.