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

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 3,494 shares, an increase of 213.1% from the June 15th total of 1,116 shares. Based on an average daily trading volume, of 5,060 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Evergreen Capital Management LLC increased its position in Amplify Etho Climate Leadership U.S. ETF by 2.1% in the 4th quarter. Evergreen Capital Management LLC now owns 11,794 shares of the company’s stock valued at $770,000 after acquiring an additional 248 shares during the period. SGL Investment Advisors Inc. lifted its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 4.5% during the fourth quarter. SGL Investment Advisors Inc. now owns 7,267 shares of the company’s stock worth $493,000 after purchasing an additional 312 shares during the period. Bailard Inc. lifted its holdings in shares of Amplify Etho Climate Leadership U.S. ETF by 0.6% during the fourth quarter. Bailard Inc. now owns 64,285 shares of the company’s stock worth $4,198,000 after purchasing an additional 382 shares during the period. Cetera Investment Advisers grew its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 12.7% in the first quarter. Cetera Investment Advisers now owns 5,457 shares of the company’s stock worth $361,000 after purchasing an additional 615 shares during the last quarter. Finally, PFG Investments LLC grew its stake in shares of Amplify Etho Climate Leadership U.S. ETF by 9.8% in the first quarter. PFG Investments LLC now owns 12,309 shares of the company’s stock worth $813,000 after purchasing an additional 1,099 shares during the last quarter.

Amplify Etho Climate Leadership U.S. ETF Stock Down 0.6%

Shares of NYSEARCA:ETHO traded down $0.51 during trading on Monday, reaching $78.83. 770 shares of the company traded hands, compared to its average volume of 3,785. Amplify Etho Climate Leadership U.S. ETF has a 52 week low of $57.97 and a 52 week high of $81.13. The company’s 50 day moving average is $76.48 and its two-hundred day moving average is $71.35. The firm has a market capitalization of $185.25 million, a PE ratio of 18.91 and a beta of 1.11.

About Amplify Etho Climate Leadership U.S. ETF

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.