Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Short Interest Down 52.8% in December

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 955 shares, a decline of 52.8% from the November 30th total of 2,022 shares. Based on an average daily volume of 5,151 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,151 shares, the days-to-cover ratio is presently 0.2 days.

Amplify BlueStar Israel Technology ETF Price Performance

Shares of NYSEARCA ITEQ traded down $0.42 during trading hours on Friday, reaching $59.07. The stock had a trading volume of 2,926 shares, compared to its average volume of 7,774. The company has a market cap of $103.37 million, a price-to-earnings ratio of 29.66 and a beta of 1.00. Amplify BlueStar Israel Technology ETF has a twelve month low of $42.92 and a twelve month high of $60.05. The business’s fifty day moving average is $57.38 and its two-hundred day moving average is $56.39.

Hedge Funds Weigh In On Amplify BlueStar Israel Technology ETF

Several institutional investors have recently added to or reduced their stakes in ITEQ. Legacy Wealth Managment LLC ID acquired a new stake in shares of Amplify BlueStar Israel Technology ETF during the second quarter worth $54,000. Raymond James Financial Inc. bought a new position in shares of Amplify BlueStar Israel Technology ETF during the second quarter worth about $133,000. Family Management Corp acquired a new position in Amplify BlueStar Israel Technology ETF during the 3rd quarter worth approximately $205,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Amplify BlueStar Israel Technology ETF during the 3rd quarter valued at $332,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of Amplify BlueStar Israel Technology ETF in the third quarter worth about $1,385,000.

Amplify BlueStar Israel Technology ETF Company Profile

The BlueStar Israel Technology ETF (ITEQ) is an exchange-traded fund that is based on the BlueStar Israel Global Technology index. The fund tracks an index composed of Israeli technology companies listed globally. ITEQ was launched on Nov 2, 2015 and is managed by BlueStar.