Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) Sees Large Increase in Short Interest

Amplify Natural Resources Dividend Income ETF (NYSEARCA:NDIV) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 19,680 shares, a growth of 2,101.3% from the February 26th total of 894 shares. Based on an average daily trading volume, of 22,030 shares, the short-interest ratio is currently 0.9 days. Approximately 3.3% of the company’s shares are sold short. Approximately 3.3% of the company’s shares are sold short. Based on an average daily trading volume, of 22,030 shares, the short-interest ratio is currently 0.9 days.

Amplify Natural Resources Dividend Income ETF Trading Up 2.1%

Shares of NDIV opened at $35.90 on Wednesday. The stock has a market capitalization of $21.54 million, a P/E ratio of 11.40 and a beta of 0.82. The firm’s fifty day simple moving average is $32.14 and its two-hundred day simple moving average is $29.20. Amplify Natural Resources Dividend Income ETF has a 12 month low of $23.77 and a 12 month high of $37.65.

Amplify Natural Resources Dividend Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.2706 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. This is a positive change from Amplify Natural Resources Dividend Income ETF’s previous monthly dividend of $0.13.

Amplify Natural Resources Dividend Income ETF Company Profile

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.