Amplify Travel Tech ETF (NYSEARCA:AWAY) Short Interest Update

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 13,711 shares, a decline of 83.5% from the August 15th total of 83,255 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 7,927 shares, the days-to-cover ratio is presently 1.7 days.

Amplify Travel Tech ETF Trading Up 0.6%

Shares of Amplify Travel Tech ETF stock traded up $0.10 during trading hours on Friday, reaching $17.78. 6,624 shares of the company’s stock were exchanged, compared to its average volume of 18,716. Amplify Travel Tech ETF has a 52-week low of $15.50 and a 52-week high of $23.24. The firm has a market capitalization of $24.00 million, a price-to-earnings ratio of 296.33 and a beta of 0.90. The company has a fifty day moving average of $19.16 and a 200-day moving average of $17.80.

Institutional Trading of Amplify Travel Tech ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its stake in shares of Amplify Travel Tech ETF by 67.4% during the 1st quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock valued at $26,000 after acquiring an additional 650 shares during the last quarter. Jane Street Group LLC purchased a new stake in Amplify Travel Tech ETF in the fourth quarter valued at approximately $847,000. Flow Traders U.S. LLC grew its holdings in Amplify Travel Tech ETF by 193.5% in the third quarter. Flow Traders U.S. LLC now owns 38,099 shares of the company’s stock valued at $848,000 after purchasing an additional 25,120 shares during the period. Finally, Citadel Advisors LLC acquired a new position in Amplify Travel Tech ETF during the third quarter worth approximately $204,000.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.