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

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,494 shares, a growth of 213.1% from the June 15th total of 1,116 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,060 shares, the short-interest ratio is presently 0.7 days.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

ETHO traded down $0.51 on Monday, reaching $78.83. The company had a trading volume of 770 shares, compared to its average volume of 3,785. The stock has a market cap of $185.25 million, a P/E ratio of 18.91 and a beta of 1.11. Amplify Etho Climate Leadership U.S. ETF has a fifty-two week low of $57.97 and a fifty-two week high of $81.13. The company’s fifty day moving average is $76.48 and its 200 day moving average is $71.35.

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

Several institutional investors have recently added to or reduced their stakes in ETHO. Modern Wealth Management LLC bought a new stake in shares of Amplify Etho Climate Leadership U.S. ETF in the second quarter valued at about $3,003,000. Two Sigma Investments LP acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the third quarter valued at about $331,000. Walkner Condon Financial Advisors LLC increased its position in Amplify Etho Climate Leadership U.S. ETF by 12.2% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 14,156 shares of the company’s stock worth $924,000 after acquiring an additional 1,540 shares during the period. Natural Investments LLC bought a new position in Amplify Etho Climate Leadership U.S. ETF during the fourth quarter worth about $2,411,000. Finally, Evergreen Capital Management LLC raised its stake in Amplify Etho Climate Leadership U.S. ETF by 2.1% in the 4th quarter. Evergreen Capital Management LLC now owns 11,794 shares of the company’s stock worth $770,000 after purchasing an additional 248 shares in the last quarter.

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.