Short Interest in Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Decreases By 55.2%

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 8,410 shares, a decrease of 55.2% from the June 15th total of 18,784 shares. Based on an average daily volume of 59,433 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of Amplify Samsung SOFR ETF

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Amplify Samsung SOFR ETF in the first quarter worth $468,000. Citadel Advisors LLC raised its position in shares of Amplify Samsung SOFR ETF by 205.3% during the 3rd quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock valued at $842,000 after buying an additional 5,651 shares in the last quarter. LPL Financial LLC raised its position in shares of Amplify Samsung SOFR ETF by 24.1% during the 4th quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock valued at $1,438,000 after buying an additional 2,786 shares in the last quarter. Capital Wealth Planning LLC lifted its holdings in shares of 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 valued at $284,736,000 after acquiring an additional 916,875 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of Amplify Samsung SOFR ETF in the 4th quarter valued at about $832,000.

Amplify Samsung SOFR ETF Trading Down 0.0%

Shares of Amplify Samsung SOFR ETF stock traded down $0.02 during trading on Thursday, reaching $100.26. 1,668 shares of the stock traded hands, compared to its average volume of 14,721. Amplify Samsung SOFR ETF has a 52-week low of $100.05 and a 52-week high of $100.89. The business has a fifty day simple moving average of $100.26 and a two-hundred day simple moving average of $100.27.

About Amplify Samsung SOFR ETF

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.