Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) Stock Short Interest Report for October

Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 14,220 shares, a growth of 466.3% from the September 30th total of 2,511 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 5,227 shares, the short-interest ratio is presently 2.7 days.

Amplify Seymour Cannabis ETF Stock Up 0.4%

NYSEARCA CNBS opened at $23.35 on Tuesday. The company has a 50-day moving average price of $27.10 and a 200-day moving average price of $26.38. Amplify Seymour Cannabis ETF has a 52 week low of $18.43 and a 52 week high of $43.94. The firm has a market capitalization of $63.98 million, a P/E ratio of 17.73 and a beta of 1.18.

Hedge Funds Weigh In On Amplify Seymour Cannabis ETF

A hedge fund recently bought a new stake in Amplify Seymour Cannabis ETF stock. Magnus Financial Group LLC acquired a new stake in shares of Amplify Seymour Cannabis ETF (NYSEARCA:CNBS) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 13,227 shares of the company’s stock, valued at approximately $346,000. Magnus Financial Group LLC owned approximately 0.48% of Amplify Seymour Cannabis ETF at the end of the most recent reporting period.

About Amplify Seymour Cannabis ETF

The Amplify Growth Opportunities ETF (CNBS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks related to cannabis and hemp. The fund also invests in derivatives with similar characteristics. CNBS was launched on Jul 23, 2019 and is managed by Amplify.