Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Sees Significant Decrease in Short Interest

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 12,236 shares, a decline of 62.5% from the December 15th total of 32,600 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average daily volume of 9,013 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 9,013 shares, the short-interest ratio is presently 1.4 days. Currently, 2.0% of the shares of the company are short sold.

Amplify Natural Resources Dividend Income ETF Trading Up 0.1%

Amplify Natural Resources Dividend Income ETF stock traded up $0.04 during midday trading on Friday, hitting $28.88. The stock had a trading volume of 4,692 shares, compared to its average volume of 9,383. Amplify Natural Resources Dividend Income ETF has a 52-week low of $23.77 and a 52-week high of $30.37. The company has a market capitalization of $17.33 million, a PE ratio of 11.40 and a beta of 0.82. The firm’s fifty day moving average is $27.29 and its two-hundred day moving average is $27.97.

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.