Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Sees Significant Drop in Short Interest

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,116 shares, a decrease of 37.4% from the May 31st total of 1,783 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,446 shares, the days-to-cover ratio is currently 0.3 days.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

Shares of NYSEARCA:ETHO traded down $1.25 during midday trading on Thursday, reaching $79.36. 3,564 shares of the company’s stock traded hands, compared to its average volume of 3,865. Amplify Etho Climate Leadership U.S. ETF has a one year low of $57.97 and a one year high of $81.13. The company has a market cap of $186.50 million, a price-to-earnings ratio of 18.91 and a beta of 1.11. The stock has a 50 day moving average of $75.60 and a 200 day moving average of $70.72.

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

Institutional investors have recently made changes to their positions in the stock. Natural Investments LLC bought a new position in Amplify Etho Climate Leadership U.S. ETF in the 4th quarter worth $2,411,000. WCG Wealth Advisors LLC grew its holdings in Amplify Etho Climate Leadership U.S. ETF by 403.6% during the fourth quarter. WCG Wealth Advisors LLC now owns 61,192 shares of the company’s stock valued at $3,996,000 after purchasing an additional 49,042 shares during the period. Walkner Condon Financial Advisors LLC increased its position in Amplify Etho Climate Leadership U.S. ETF by 12.2% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 14,156 shares of the company’s stock worth $924,000 after buying an additional 1,540 shares in the last quarter. Cetera Investment Advisers increased its position in Amplify Etho Climate Leadership U.S. ETF by 12.7% in the first quarter. Cetera Investment Advisers now owns 5,457 shares of the company’s stock worth $361,000 after buying an additional 615 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 25.8% in the first quarter. Kestra Advisory Services LLC now owns 6,182 shares of the company’s stock worth $409,000 after buying an additional 1,266 shares during the period.

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.