Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Sees Significant Drop in Short Interest

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 1,116 shares, a decline of 37.4% from the May 31st total of 1,783 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,446 shares, the days-to-cover ratio is currently 0.3 days.

Amplify Etho Climate Leadership U.S. ETF Price Performance

ETHO stock traded down $1.25 during midday trading on Thursday, hitting $79.36. The stock had a trading volume of 3,564 shares, compared to its average volume of 3,865. The business has a 50-day moving average of $75.60 and a two-hundred day moving average of $70.72. The firm has a market cap of $186.50 million, a price-to-earnings ratio of 18.91 and a beta of 1.11. Amplify Etho Climate Leadership U.S. ETF has a 52-week low of $57.97 and a 52-week high of $81.13.

Institutional Investors Weigh In On Amplify Etho Climate Leadership U.S. ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Modern Wealth Management LLC bought a new stake in Amplify Etho Climate Leadership U.S. ETF in the second quarter worth $3,003,000. Two Sigma Investments LP bought a new stake in Amplify Etho Climate Leadership U.S. ETF during the 3rd quarter valued at about $331,000. Walkner Condon Financial Advisors LLC raised its holdings in 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. Natural Investments LLC bought a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the fourth quarter worth approximately $2,411,000. Finally, Evergreen Capital Management LLC lifted its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 2.1% in the fourth quarter. Evergreen Capital Management LLC now owns 11,794 shares of the company’s stock worth $770,000 after buying an additional 248 shares in the last quarter.

Amplify Etho Climate Leadership U.S. ETF Company Profile

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.