Amplify Samsung SOFR ETF (NYSEARCA:SOFR) Short Interest Up 224.2% in April

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 26,333 shares, a growth of 224.2% from the April 15th total of 8,122 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 13,839 shares, the days-to-cover ratio is currently 1.9 days.

Amplify Samsung SOFR ETF Price Performance

Shares of Amplify Samsung SOFR ETF stock remained flat at $100.29 during trading on Friday. The stock had a trading volume of 2,603 shares, compared to its average volume of 7,669. Amplify Samsung SOFR ETF has a 52-week low of $100.07 and a 52-week high of $100.89. The company has a fifty day moving average price of $100.28 and a 200-day moving average price of $100.29.

Institutional Trading of Amplify Samsung SOFR ETF

Institutional investors have recently made changes to their positions in the business. Stifel Financial Corp boosted its position in shares of Amplify Samsung SOFR ETF by 26.8% in the 4th quarter. Stifel Financial Corp now owns 2,711 shares of the company’s stock worth $272,000 after purchasing an additional 573 shares in the last quarter. Jane Street Group LLC acquired a new stake in Amplify Samsung SOFR ETF during the 1st quarter worth about $468,000. Steward Partners Investment Advisory LLC acquired a new stake in Amplify Samsung SOFR ETF during the 4th quarter worth about $832,000. Citadel Advisors LLC lifted its position in Amplify Samsung SOFR ETF by 205.3% during the 3rd quarter. Citadel Advisors LLC now owns 8,404 shares of the company’s stock worth $842,000 after acquiring an additional 5,651 shares during the period. Finally, LPL Financial LLC lifted its position in Amplify Samsung SOFR ETF by 24.1% during the 4th quarter. LPL Financial LLC now owns 14,352 shares of the company’s stock worth $1,438,000 after acquiring an additional 2,786 shares during the period.

Amplify Samsung SOFR ETF Company Profile

The Amplify Samsung SOFR ETF (SOFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure. SOFR was launched on Nov 15, 2023 and is issued by Amplify Investments.