Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Up 24.4% in December

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 52,305 shares, a growth of 24.4% from the November 30th total of 42,048 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average daily volume of 4,683 shares, the days-to-cover ratio is currently 11.2 days. Based on an average daily volume of 4,683 shares, the days-to-cover ratio is currently 11.2 days. Currently, 1.5% of the shares of the stock are short sold.

Institutional Trading of Amplify Samsung SOFR ETF

Several institutional investors and hedge funds have recently made changes to their positions in SOFR. Jane Street Group LLC increased its position 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 worth $1,564,000 after purchasing an additional 10,943 shares in the last quarter. Citadel Advisors LLC lifted its holdings in Amplify Samsung SOFR ETF by 205.3% in the 3rd quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock valued at $842,000 after purchasing an additional 5,651 shares in the last quarter. Finally, Capital Wealth Planning LLC boosted its stake in shares of Amplify Samsung SOFR ETF by 9.1% during the 3rd quarter. Capital Wealth Planning LLC now owns 1,924,542 shares of the company’s stock worth $192,772,000 after purchasing an additional 160,185 shares during the last quarter.

Amplify Samsung SOFR ETF Trading Down 0.0%

Shares of Amplify Samsung SOFR ETF stock traded down $0.03 during trading on Wednesday, hitting $100.15. 2,643 shares of the company were exchanged, compared to its average volume of 13,604. Amplify Samsung SOFR ETF has a fifty-two week low of $100.03 and a fifty-two week high of $100.89. The firm has a 50 day moving average price of $100.31 and a 200 day moving average price of $100.33.

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.