Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Short Interest Update

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 4,966 shares, an increase of 315.6% from the May 31st total of 1,195 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 16,443 shares, the days-to-cover ratio is presently 0.3 days.

Amplify Natural Resources Dividend Income ETF Price Performance

NYSEARCA:NDIV traded down $0.01 on Friday, reaching $32.70. 10,031 shares of the company’s stock were exchanged, compared to its average volume of 16,717. The firm has a market cap of $25.18 million, a price-to-earnings ratio of 11.40 and a beta of 0.53. The stock has a fifty day simple moving average of $34.56 and a 200-day simple moving average of $32.45. Amplify Natural Resources Dividend Income ETF has a 52 week low of $26.20 and a 52 week 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.