Amplify Travel Tech ETF (NYSEARCA:AWAY) Sees Large Drop in Short Interest

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 14,146 shares, a decline of 68.9% from the May 31st total of 45,446 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 12,737 shares, the short-interest ratio is presently 1.1 days.

Amplify Travel Tech ETF Price Performance

Shares of AWAY traded up $0.26 during mid-day trading on Monday, hitting $18.21. The company’s stock had a trading volume of 5,153 shares, compared to its average volume of 7,744. The firm has a 50-day moving average price of $17.37 and a 200 day moving average price of $18.09. Amplify Travel Tech ETF has a fifty-two week low of $15.50 and a fifty-two week high of $23.24. The stock has a market capitalization of $27.32 million, a price-to-earnings ratio of 303.50 and a beta of 0.91.

Institutional Investors Weigh In On Amplify Travel Tech ETF

Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Amplify Travel Tech ETF in the 4th quarter worth $847,000. Flow Traders U.S. LLC lifted its holdings in shares of Amplify Travel Tech ETF by 193.5% during 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 last quarter. Citadel Advisors LLC purchased a new stake in shares of Amplify Travel Tech ETF during the third quarter valued at $204,000. Finally, Parallel Advisors LLC boosted its position in shares of Amplify Travel Tech ETF by 67.4% in the 1st quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock valued at $26,000 after purchasing an additional 650 shares during the period.

Amplify Travel Tech ETF Company Profile

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.