Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Update

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 2,071 shares, a decrease of 89.2% from the March 15th total of 19,136 shares. Based on an average trading volume of 3,449 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

Amplify Samsung SOFR ETF Stock Up 0.0%

SOFR traded up $0.02 during trading hours on Friday, reaching $100.28. The company’s stock had a trading volume of 4,414 shares, compared to its average volume of 6,174. Amplify Samsung SOFR ETF has a 52 week low of $100.07 and a 52 week high of $100.89. The company’s 50-day moving average is $100.28 and its 200-day moving average is $100.29.

Amplify Samsung SOFR ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a $0.3044 dividend. This is a boost from Amplify Samsung SOFR ETF’s previous monthly dividend of $0.30. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.6%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Stifel Financial Corp grew its holdings in Amplify Samsung SOFR ETF by 26.8% in the 4th quarter. Stifel Financial Corp now owns 2,711 shares of the company’s stock valued at $272,000 after buying an additional 573 shares in the last quarter. Jane Street Group LLC acquired a new position in Amplify Samsung SOFR ETF in the 1st quarter valued at $468,000. Steward Partners Investment Advisory LLC acquired a new position in Amplify Samsung SOFR ETF in the 4th quarter valued at $832,000. Citadel Advisors LLC grew its holdings in Amplify Samsung SOFR ETF by 205.3% in the 3rd quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock valued at $842,000 after buying an additional 5,651 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in Amplify Samsung SOFR ETF by 24.1% in the 4th quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock valued at $1,438,000 after buying an additional 2,786 shares in the last quarter.

Amplify Samsung SOFR ETF Company Profile

The Amplify Samsung SOFR ETF (SOFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure. SOFR was launched on Nov 15, 2023 and is issued by Amplify Investments.