Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Update

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,071 shares, a decline of 89.2% from the March 15th total of 19,136 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 3,449 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Amplify Samsung SOFR ETF

A number of institutional investors have recently made changes to their positions in SOFR. Stifel Financial Corp grew its position in shares of Amplify Samsung SOFR ETF by 26.8% in the 4th quarter. Stifel Financial Corp now owns 2,711 shares of the company’s stock valued at $272,000 after buying an additional 573 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Amplify Samsung SOFR ETF in the 1st quarter valued at about $468,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Amplify Samsung SOFR ETF in the 4th quarter valued at about $832,000. Citadel Advisors LLC grew its position in shares of 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 buying an additional 5,651 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Amplify Samsung SOFR ETF by 24.1% in 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 during the last quarter.

Amplify Samsung SOFR ETF Trading Up 0.0%

SOFR stock traded up $0.02 during midday trading on Friday, reaching $100.28. 4,414 shares of the stock were exchanged, compared to its average volume of 6,174. Amplify Samsung SOFR ETF has a 52 week low of $100.07 and a 52 week high of $100.89. The company has a fifty day moving average price of $100.28 and a 200 day moving average price of $100.29.

Amplify Samsung SOFR ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.3044 per share. The ex-dividend date was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is an increase from Amplify Samsung SOFR ETF’s previous monthly dividend of $0.30.

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.