Short Interest in Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Increases By 84.5%

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 8,071 shares, a growth of 84.5% from the June 30th total of 4,374 shares. Based on an average daily volume of 10,758 shares, the short-interest ratio is currently 0.8 days. Currently, 1.0% of the shares of the stock are short sold.

Amplify Natural Resources Dividend Income ETF Stock Up 1.1%

Shares of NDIV traded up $0.37 during midday trading on Friday, hitting $33.99. The company’s stock had a trading volume of 10,666 shares, compared to its average volume of 15,880. Amplify Natural Resources Dividend Income ETF has a one year low of $26.20 and a one year high of $37.65. The company’s fifty day simple moving average is $33.36 and its two-hundred day simple moving average is $33.44. The stock has a market capitalization of $27.53 million, a price-to-earnings ratio of 11.40 and a beta of 0.54.

About Amplify Natural Resources Dividend Income ETF

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.