Amplify Seymour Cannabis ETF (NYSEARCA:CNBS – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 17,684 shares, a growth of 295.0% from the April 30th total of 4,477 shares. Based on an average daily volume of 30,866 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are sold short.
Amplify Seymour Cannabis ETF Trading Down 2.1%
Shares of Amplify Seymour Cannabis ETF stock traded down $0.63 during mid-day trading on Friday, hitting $28.91. 6,945 shares of the stock were exchanged, compared to its average volume of 19,456. Amplify Seymour Cannabis ETF has a twelve month low of $13.96 and a twelve month high of $43.94. The stock has a market capitalization of $95.11 million, a price-to-earnings ratio of 17.73 and a beta of 1.15. The company has a 50-day simple moving average of $25.77 and a 200 day simple moving average of $25.57.
Institutional Investors Weigh In On Amplify Seymour Cannabis ETF
Several hedge funds have recently modified their holdings of CNBS. Tidal Investments LLC boosted its stake in shares of Amplify Seymour Cannabis ETF by 4.3% during the 3rd quarter. Tidal Investments LLC now owns 3,146,879 shares of the company’s stock worth $93,053,000 after purchasing an additional 130,781 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Amplify Seymour Cannabis ETF by 46.7% during the 4th quarter. Jane Street Group LLC now owns 69,304 shares of the company’s stock worth $1,966,000 after purchasing an additional 22,070 shares during the last quarter. LPL Financial LLC boosted its position in shares of Amplify Seymour Cannabis ETF by 15.9% in the fourth quarter. LPL Financial LLC now owns 25,499 shares of the company’s stock worth $723,000 after acquiring an additional 3,489 shares during the last quarter. Finally, Simplex Trading LLC boosted its position in shares of Amplify Seymour Cannabis ETF by 844.6% in the fourth quarter. Simplex Trading LLC now owns 869 shares of the company’s stock worth $25,000 after acquiring an additional 777 shares during the last quarter.
About Amplify Seymour Cannabis ETF
The Amplify Growth Opportunities ETF (CNBS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics. CNBS was launched on Jul 23, 2019 and is managed by Amplify.
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