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 drop in short interest in the month of April. As of April 15th, there was short interest totaling 17,986 shares, a drop of 20.6% from the March 31st total of 22,654 shares. Based on an average trading volume of 22,906 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.4% of the shares of the company are sold short.

Amplify Natural Resources Dividend Income ETF Stock Performance

NYSEARCA:NDIV traded down $0.21 during mid-day trading on Friday, reaching $35.60. 12,278 shares of the company’s stock were exchanged, compared to its average volume of 16,690. Amplify Natural Resources Dividend Income ETF has a one year low of $25.80 and a one year high of $37.65. The firm has a market capitalization of $27.41 million, a PE ratio of 11.40 and a beta of 0.57. The business’s fifty day simple moving average is $34.62 and its two-hundred day simple moving average is $30.43.

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.