Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Update

Amplify Online Retail ETF (NYSEARCA:IBUY) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 32,108 shares, a growth of 97.2% from the July 15th total of 16,286 shares. Currently, 2.1% of the company’s stock are sold short. Based on an average trading volume of 9,756 shares, the short-interest ratio is presently 3.3 days.

Amplify Online Retail ETF Price Performance

NYSEARCA IBUY traded down $0.06 during mid-day trading on Friday, reaching $73.54. The stock had a trading volume of 5,144 shares, compared to its average volume of 15,705. The stock has a market cap of $110.31 million, a PE ratio of 23.29 and a beta of 1.45. Amplify Online Retail ETF has a 1 year low of $58.08 and a 1 year high of $79.05. The company has a fifty day moving average price of $70.38 and a 200 day moving average price of $67.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of IBUY. Horizon Investments LLC purchased a new stake in shares of Amplify Online Retail ETF during the third quarter valued at $56,000. Larson Financial Group LLC purchased a new position in Amplify Online Retail ETF in the 4th quarter worth about $76,000. Kestra Advisory Services LLC bought a new position in Amplify Online Retail ETF during the 4th quarter valued at about $147,000. Ausdal Financial Partners Inc. bought a new position in Amplify Online Retail ETF during the 3rd quarter valued at about $209,000. Finally, Integrity Alliance LLC. boosted its holdings in shares of Amplify Online Retail ETF by 52.3% during the 4th quarter. Integrity Alliance LLC. now owns 4,496 shares of the company’s stock valued at $335,000 after acquiring an additional 1,543 shares during the last quarter.

About Amplify Online Retail ETF

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.