Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Sees Large Increase in Short Interest

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIVGet Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 8,071 shares, an increase of 84.5% from the June 30th total of 4,374 shares. Based on an average daily trading volume, of 10,758 shares, the short-interest ratio is currently 0.8 days. Approximately 1.0% of the company’s shares are sold short.

Amplify Natural Resources Dividend Income ETF Trading Down 0.7%

NDIV traded down $0.22 during trading on Thursday, reaching $33.40. The stock had a trading volume of 3,310 shares, compared to its average volume of 15,902. The stock’s 50 day moving average is $33.41 and its two-hundred day moving average is $33.40. The company has a market capitalization of $27.05 million, a price-to-earnings ratio of 11.40 and a beta of 0.54. Amplify Natural Resources Dividend Income ETF has a one year low of $26.20 and a one year high of $37.65.

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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