Amplify Samsung SOFR ETF (NYSEARCA:SOFR – Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 14,852 shares, a decrease of 58.0% from the July 30th total of 35,365 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 5,430 shares, the short-interest ratio is presently 2.7 days.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in SOFR. Capital Wealth Planning LLC boosted its stake in Amplify Samsung SOFR ETF by 47.6% in the 4th quarter. Capital Wealth Planning LLC now owns 2,841,417 shares of the company’s stock worth $284,736,000 after purchasing an additional 916,875 shares in the last quarter. Jane Street Group LLC increased its stake in Amplify Samsung SOFR ETF by 234.3% during the 2nd quarter. Jane Street Group LLC now owns 15,614 shares of the company’s stock valued at $1,564,000 after purchasing an additional 10,943 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new position in Amplify Samsung SOFR ETF in the fourth quarter worth about $832,000. Citadel Advisors LLC raised its holdings in Amplify Samsung SOFR ETF by 205.3% in the third quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock worth $842,000 after buying an additional 5,651 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Amplify Samsung SOFR ETF by 24.1% in the fourth quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock worth $1,438,000 after buying an additional 2,786 shares during the last quarter.
Amplify Samsung SOFR ETF Stock Down 0.1%
Amplify Samsung SOFR ETF stock opened at $100.38 on Friday. Amplify Samsung SOFR ETF has a fifty-two week low of $100.05 and a fifty-two week high of $100.89. The stock’s 50 day simple moving average is $100.28 and its two-hundred day simple moving average is $100.28.
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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