Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Down 64.3% in May

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,783 shares, a decrease of 64.3% from the May 14th total of 4,993 shares. Based on an average trading volume of 4,445 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Natural Investments LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the fourth quarter worth $2,411,000. WCG Wealth Advisors LLC raised its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 403.6% in the fourth quarter. WCG Wealth Advisors LLC now owns 61,192 shares of the company’s stock worth $3,996,000 after buying an additional 49,042 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 12.2% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 14,156 shares of the company’s stock worth $924,000 after buying an additional 1,540 shares during the last quarter. GGM Financials LLC purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the third quarter worth $40,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 25.8% in the first quarter. Kestra Advisory Services LLC now owns 6,182 shares of the company’s stock worth $409,000 after buying an additional 1,266 shares during the last quarter.

Amplify Etho Climate Leadership U.S. ETF Stock Up 1.4%

NYSEARCA:ETHO opened at $77.42 on Friday. Amplify Etho Climate Leadership U.S. ETF has a 52 week low of $55.23 and a 52 week high of $77.88. The firm has a 50 day moving average of $73.47 and a 200 day moving average of $69.56. The stock has a market capitalization of $181.94 million, a price-to-earnings ratio of 18.91 and a beta of 1.13.

About Amplify Etho Climate Leadership U.S. ETF

The Etho Climate Leadership U.S. ETF (ETHO) is an exchange-traded fund that is based on the Etho Climate Leadership index. The fund tracks the performance of an equal-weighted index that selects US stocks that exhibit the least carbon impact within its industry. Certain industries are excluded altogether. ETHO was launched on Nov 18, 2015 and is managed by Etho Capital.