Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,998 shares, an increase of 306.1% from the September 30th total of 492 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 10,882 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of Amplify Bloomberg AI Value Chain ETF
Several large investors have recently bought and sold shares of AIVC. Root Financial Partners LLC purchased a new position in Amplify Bloomberg AI Value Chain ETF during the 3rd quarter worth approximately $30,000. Envestnet Asset Management Inc. purchased a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the 2nd quarter valued at $1,212,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the 2nd quarter valued at $24,175,000.
Amplify Bloomberg AI Value Chain ETF Stock Performance
Amplify Bloomberg AI Value Chain ETF stock traded down $4.84 during midday trading on Friday, hitting $103.31. 2,693 shares of the company’s stock were exchanged, compared to its average volume of 11,259. Amplify Bloomberg AI Value Chain ETF has a 12 month low of $61.11 and a 12 month high of $124.23. The firm has a 50-day moving average of $111.93 and a two-hundred day moving average of $96.18. The company has a market cap of $123.97 million, a PE ratio of 21.80 and a beta of 1.30.
Amplify Bloomberg AI Value Chain ETF Company Profile
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.
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