Amplify Seymour Cannabis ETF (NYSEARCA:CNBS – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 6,943 shares, a decline of 34.7% from the June 15th total of 10,632 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,575 shares, the days-to-cover ratio is presently 1.5 days.
Amplify Seymour Cannabis ETF Price Performance
Shares of CNBS opened at $25.75 on Friday. The business’s 50 day simple moving average is $28.08 and its 200-day simple moving average is $26.35. The stock has a market capitalization of $73.13 million, a price-to-earnings ratio of 17.73 and a beta of 1.12. Amplify Seymour Cannabis ETF has a 1 year low of $16.23 and a 1 year high of $43.94.
Institutional Trading of Amplify Seymour Cannabis ETF
A number of large investors have recently modified their holdings of CNBS. Simplex Trading LLC lifted its holdings in shares of Amplify Seymour Cannabis ETF by 844.6% in the 4th quarter. Simplex Trading LLC now owns 869 shares of the company’s stock worth $25,000 after buying an additional 777 shares during the period. LPL Financial LLC raised its holdings 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 valued at $723,000 after acquiring an additional 3,489 shares in the last quarter. Jane Street Group LLC lifted its stake in Amplify Seymour Cannabis ETF by 46.7% in the fourth quarter. Jane Street Group LLC now owns 69,304 shares of the company’s stock worth $1,966,000 after acquiring an additional 22,070 shares during the period. Finally, Tidal Investments LLC grew its holdings in 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 acquiring an additional 130,781 shares in the last quarter.
Amplify Seymour Cannabis ETF Company Profile
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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