Amplify Samsung SOFR ETF (NYSEARCA:SOFR – Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 15,246 shares, an increase of 81.3% from the June 30th total of 8,410 shares. Based on an average daily volume of 2,963 shares, the short-interest ratio is presently 5.1 days. Approximately 0.3% of the company’s stock are short sold.
Institutional Investors Weigh In On Amplify Samsung SOFR ETF
Several hedge funds have recently modified their holdings of the stock. Stifel Financial Corp grew its position in Amplify Samsung SOFR ETF by 26.8% in the fourth quarter. Stifel Financial Corp now owns 2,711 shares of the company’s stock valued at $272,000 after acquiring an additional 573 shares in the last quarter. LPL Financial LLC raised its stake in shares of Amplify Samsung SOFR ETF by 24.1% during the fourth quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock valued at $1,438,000 after purchasing an additional 2,786 shares during the period. Jane Street Group LLC acquired a new position in shares of Amplify Samsung SOFR ETF during the first quarter worth $468,000. Citadel Advisors LLC lifted its position in shares of Amplify Samsung SOFR ETF by 205.3% during the third quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock worth $842,000 after purchasing an additional 5,651 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Amplify Samsung SOFR ETF during the fourth quarter worth $832,000.
Amplify Samsung SOFR ETF Trading Down 0.0%
Shares of SOFR traded down $0.02 during midday trading on Friday, reaching $100.12. 8,439 shares of the company were exchanged, compared to its average volume of 14,155. The stock has a 50-day moving average price of $100.28 and a 200-day moving average price of $100.28. Amplify Samsung SOFR ETF has a 1-year low of $100.05 and a 1-year high of $100.89.
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.
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