Amplify Travel Tech ETF (NYSEARCA:AWAY) Short Interest Update

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 7,876 shares, a decrease of 44.3% from the June 15th total of 14,146 shares. Based on an average daily trading volume, of 4,835 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AWAY. Parallel Advisors LLC boosted its position in shares of Amplify Travel Tech ETF by 67.4% during the first quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock worth $26,000 after purchasing an additional 650 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Amplify Travel Tech ETF in the 3rd quarter valued at $204,000. Flow Traders U.S. LLC bought a new stake in shares of Amplify Travel Tech ETF in the 2nd quarter valued at $279,000. Finally, Jane Street Group LLC acquired a new stake in Amplify Travel Tech ETF during the 4th quarter worth $847,000.

Amplify Travel Tech ETF Stock Performance

AWAY traded up $0.19 during midday trading on Thursday, reaching $18.56. 1,407 shares of the company were exchanged, compared to its average volume of 7,383. The stock has a market capitalization of $25.06 million, a P/E ratio of 309.33 and a beta of 0.90. Amplify Travel Tech ETF has a one year low of $15.50 and a one year high of $23.24. The stock’s 50-day simple moving average is $17.60 and its 200 day simple moving average is $17.84.

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.