Amplify High Income ETF (NYSEARCA:YYY) Short Interest Update

Amplify High Income ETF (NYSEARCA:YYY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 334,128 shares, a drop of 55.5% from the May 31st total of 750,048 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 685,104 shares, the short-interest ratio is presently 0.5 days.

Amplify High Income ETF Stock Down 0.1%

Shares of YYY stock traded down $0.01 on Wednesday, hitting $11.52. The company had a trading volume of 385,962 shares, compared to its average volume of 407,812. Amplify High Income ETF has a twelve month low of $10.69 and a twelve month high of $11.93. The firm has a market cap of $710.21 million, a P/E ratio of 22.17 and a beta of 0.72. The company has a 50-day moving average price of $11.48 and a 200-day moving average price of $11.50.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Western Wealth Management LLC purchased a new position in shares of Amplify High Income ETF during the 1st quarter valued at approximately $66,000. LFA Lugano Financial Advisors SA acquired a new stake in Amplify High Income ETF during the first quarter valued at $70,000. Fifth Third Bancorp purchased a new position in Amplify High Income ETF in the first quarter valued at $77,000. Triumph Capital Management acquired a new position in shares of Amplify High Income ETF in the third quarter worth about $105,000. Finally, Comerica Bank boosted its stake in shares of Amplify High Income ETF by 119.4% during the 4th quarter. Comerica Bank now owns 11,006 shares of the company’s stock worth $127,000 after acquiring an additional 5,989 shares in the last quarter.

About Amplify High Income ETF

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.