Short Interest in Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Decreases By 62.6%

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5,373 shares, a decrease of 62.6% from the August 15th total of 14,354 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,108 shares, the short-interest ratio is presently 1.7 days.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

Shares of NYSEARCA:ETHO traded down $0.19 during midday trading on Monday, hitting $79.38. The company’s stock had a trading volume of 998 shares, compared to its average volume of 3,600. The company has a market cap of $186.54 million, a P/E ratio of 18.91 and a beta of 1.12. Amplify Etho Climate Leadership U.S. ETF has a 12-month low of $61.14 and a 12-month high of $83.93. The business’s 50 day simple moving average is $80.65 and its 200 day simple moving average is $75.30.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ETHO. WCG Wealth Advisors LLC lifted its position in 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 valued at $3,996,000 after buying an additional 49,042 shares during the last quarter. Quantinno Capital Management LP acquired a new position in shares of Amplify Etho Climate Leadership U.S. ETF in the 1st quarter worth approximately $465,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of Amplify Etho Climate Leadership U.S. ETF by 16.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 44,923 shares of the company’s stock worth $2,933,000 after purchasing an additional 6,408 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Amplify Etho Climate Leadership U.S. ETF during the 1st quarter worth approximately $235,000. Finally, Rockefeller Capital Management L.P. raised its position in Amplify Etho Climate Leadership U.S. ETF by 514.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,762 shares of the company’s stock valued at $246,000 after purchasing an additional 3,150 shares during the period.

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.