Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Stock Short Interest Report for September

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 492 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 4,913 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Amplify Bloomberg AI Value Chain ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. bought a new position in Amplify Bloomberg AI Value Chain ETF during the 2nd quarter valued at $24,175,000. Envestnet Asset Management Inc. acquired a new position in shares of Amplify Bloomberg AI Value Chain ETF during the second quarter worth approximately $1,212,000. Claris Financial LLC bought a new stake in Amplify Bloomberg AI Value Chain ETF during the 4th quarter valued at $493,000. Finally, Total Clarity Wealth Management Inc. bought a new stake in Amplify Bloomberg AI Value Chain ETF during the 1st quarter valued at $227,000.

Amplify Bloomberg AI Value Chain ETF Price Performance

NYSEARCA AIVC traded down $5.62 during mid-day trading on Wednesday, hitting $110.40. The company’s stock had a trading volume of 13,031 shares, compared to its average volume of 11,278. The stock’s fifty day simple moving average is $113.20 and its two-hundred day simple moving average is $104.32. Amplify Bloomberg AI Value Chain ETF has a 52-week low of $61.11 and a 52-week high of $124.23. The firm has a market capitalization of $132.48 million, a P/E ratio of 21.80 and a beta of 1.30.

About Amplify Bloomberg AI Value Chain ETF

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.