Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Short Interest Down 41.9% in August

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 12,298 shares, a drop of 41.9% from the August 15th total of 21,166 shares. Based on an average daily volume of 28,164 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Amplify Lithium & Battery Technology ETF Price Performance

Amplify Lithium & Battery Technology ETF stock traded down $0.14 during mid-day trading on Wednesday, hitting $14.45. The company’s stock had a trading volume of 22,963 shares, compared to its average volume of 71,305. The stock has a market cap of $115.59 million, a price-to-earnings ratio of 20.17 and a beta of 1.14. The business has a 50 day moving average price of $15.04 and a 200-day moving average price of $15.65. Amplify Lithium & Battery Technology ETF has a 12 month low of $11.91 and a 12 month high of $18.08.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers raised its holdings in shares of Amplify Lithium & Battery Technology ETF by 65.1% during the first quarter. Cetera Investment Advisers now owns 65,604 shares of the company’s stock valued at $977,000 after acquiring an additional 25,870 shares in the last quarter. Great Diamond Partners LLC bought a new stake in Amplify Lithium & Battery Technology ETF in the fourth quarter valued at $248,000. Root Financial Partners LLC bought a new stake in Amplify Lithium & Battery Technology ETF in the fourth quarter valued at $35,000. Baron Financial Group LLC increased its position in Amplify Lithium & Battery Technology ETF by 8.1% during the 2nd quarter. Baron Financial Group LLC now owns 13,925 shares of the company’s stock valued at $214,000 after purchasing an additional 1,045 shares during the period. Finally, Harbor Asset Planning Inc. increased its position in Amplify Lithium & Battery Technology ETF by 71.0% during the 1st quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock valued at $31,000 after purchasing an additional 876 shares during the period.

About Amplify Lithium & Battery Technology ETF

The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite. BATT was launched on Jun 6, 2018 and is managed by Amplify.