Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Short Interest Update

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 297,884 shares, a decline of 24.9% from the March 31st total of 396,545 shares. Based on an average daily volume of 332,127 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.5% of the shares of the company are short sold.

Amplify Transformational Data Sharing ETF Price Performance

Shares of NYSEARCA BLOK traded up $0.63 during midday trading on Friday, reaching $60.10. 453,301 shares of the company traded hands, compared to its average volume of 393,867. Amplify Transformational Data Sharing ETF has a 52 week low of $40.33 and a 52 week high of $75.89. The stock has a 50-day moving average price of $54.37 and a 200 day moving average price of $59.29. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 24.76 and a beta of 2.14.

Institutional Investors Weigh In On Amplify Transformational Data Sharing ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Fifth Third Bancorp bought a new stake in shares of Amplify Transformational Data Sharing ETF during the first quarter valued at about $114,000. Kestra Advisory Services LLC raised its stake in shares of Amplify Transformational Data Sharing ETF by 7.4% during the first quarter. Kestra Advisory Services LLC now owns 22,245 shares of the company’s stock valued at $1,108,000 after purchasing an additional 1,527 shares in the last quarter. Moran Wealth Management LLC raised its stake in shares of Amplify Transformational Data Sharing ETF by 60.6% during the first quarter. Moran Wealth Management LLC now owns 27,509 shares of the company’s stock valued at $1,370,000 after purchasing an additional 10,385 shares in the last quarter. WMG Financial Advisors LLC raised its stake in shares of Amplify Transformational Data Sharing ETF by 8.0% during the first quarter. WMG Financial Advisors LLC now owns 50,745 shares of the company’s stock valued at $2,528,000 after purchasing an additional 3,765 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Amplify Transformational Data Sharing ETF by 4.0% during the first quarter. Janney Montgomery Scott LLC now owns 96,384 shares of the company’s stock valued at $4,801,000 after purchasing an additional 3,749 shares in the last quarter.

About Amplify Transformational Data Sharing ETF

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio mainly consisting of global equities focusing on blockchain technology. BLOK was launched on Jan 16, 2018 and is managed by Amplify.