Short Interest in Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Declines By 90.1%

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIVGet Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,195 shares, a decline of 90.1% from the May 14th total of 12,117 shares. Based on an average daily trading volume, of 22,988 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Amplify Natural Resources Dividend Income ETF Trading Down 1.1%

Shares of NYSEARCA:NDIV traded down $0.36 during trading on Tuesday, hitting $33.66. 23,349 shares of the company’s stock were exchanged, compared to its average volume of 17,222. Amplify Natural Resources Dividend Income ETF has a 1-year low of $26.20 and a 1-year high of $37.65. The firm has a 50-day moving average price of $35.12 and a two-hundred day moving average price of $31.96. The firm has a market cap of $25.92 million, a P/E ratio of 11.40 and a beta of 0.53.

Amplify Natural Resources Dividend Income ETF Company Profile

(Get Free Report)

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.

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