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

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 1,195 shares, a drop of 90.1% from the May 14th total of 12,117 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 22,988 shares, the days-to-cover ratio is presently 0.1 days.

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

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.