Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) Short Interest Down 37.4% in June

Amplify Etho Climate Leadership U.S. ETF (NYSEARCA:ETHO) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,116 shares, a decline of 37.4% from the May 31st total of 1,783 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,446 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Evergreen Capital Management LLC increased its position in shares of Amplify Etho Climate Leadership U.S. ETF by 2.1% in the fourth quarter. Evergreen Capital Management LLC now owns 11,794 shares of the company’s stock worth $770,000 after purchasing an additional 248 shares during the period. SGL Investment Advisors Inc. grew its stake in 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 buying an additional 312 shares in the last quarter. Bailard Inc. grew its stake in 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 buying an additional 382 shares in the last quarter. Cetera Investment Advisers increased its holdings in Amplify Etho Climate Leadership U.S. ETF by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 5,457 shares of the company’s stock valued at $361,000 after buying an additional 615 shares during the period. Finally, PFG Investments LLC increased its holdings in Amplify Etho Climate Leadership U.S. ETF by 9.8% in the 1st quarter. PFG Investments LLC now owns 12,309 shares of the company’s stock valued at $813,000 after buying an additional 1,099 shares during the period.

Amplify Etho Climate Leadership U.S. ETF Stock Performance

Shares of ETHO stock remained flat at $79.54 during mid-day trading on Friday. 4,510 shares of the stock were exchanged, compared to its average volume of 3,878. The company has a market capitalization of $186.92 million, a P/E ratio of 18.91 and a beta of 1.11. The firm’s fifty day moving average is $75.72 and its 200-day moving average is $70.81. Amplify Etho Climate Leadership U.S. ETF has a 52 week low of $57.97 and a 52 week high of $81.13.

Amplify Etho Climate Leadership U.S. ETF Company Profile

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.