Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Short Interest Update

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of 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. Approximately 2.0% of the company’s shares are sold short. Based on an average trading volume of 9,013 shares, the short-interest ratio is presently 1.4 days. Based on an average trading volume of 9,013 shares, the short-interest ratio is presently 1.4 days. Approximately 2.0% of the company’s shares are sold short.

Amplify Natural Resources Dividend Income ETF Trading Up 1.7%

Shares of NDIV stock traded up $0.48 during midday trading on Wednesday, reaching $28.88. 7,208 shares of the stock were exchanged, compared to its average volume of 9,045. The firm has a market cap of $17.33 million, a PE ratio of 11.40 and a beta of 0.82. The company’s 50 day moving average is $27.24 and its two-hundred day moving average is $27.97. Amplify Natural Resources Dividend Income ETF has a 1 year low of $23.77 and a 1 year high of $30.37.

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.