Amplify Travel Tech ETF (NYSEARCA:AWAY) Short Interest Up 50.6% in July

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,776 shares, a growth of 50.6% from the July 15th total of 5,165 shares. Based on an average daily volume of 3,464 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.6% of the company’s shares are sold short.

Amplify Travel Tech ETF Stock Down 0.2%

Shares of Amplify Travel Tech ETF stock traded down $0.04 during mid-day trading on Tuesday, hitting $20.05. The stock had a trading volume of 1,238 shares, compared to its average volume of 10,883. The firm has a market cap of $27.07 million, a P/E ratio of 334.17 and a beta of 0.90. Amplify Travel Tech ETF has a 12-month low of $15.50 and a 12-month high of $23.24. The firm has a 50-day moving average of $18.60 and a two-hundred day moving average of $17.65.

Institutional Investors Weigh In On Amplify Travel Tech ETF

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in Amplify Travel Tech ETF in the fourth quarter valued at approximately $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 worth $848,000 after purchasing an additional 25,120 shares during the period. Citadel Advisors LLC purchased a new stake in Amplify Travel Tech ETF in the 3rd quarter valued at approximately $204,000. Finally, Parallel Advisors LLC lifted its stake in shares of Amplify Travel Tech ETF by 67.4% in the first 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.

About Amplify Travel Tech ETF

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.