Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) Sees Large Increase in Short Interest

Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 20,835 shares, an increase of 129.6% from the September 30th total of 9,074 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 5,280 shares, the short-interest ratio is currently 3.9 days.

Institutional Investors Weigh In On Amplify BlackSwan Growth & Treasury Core ETF

Several large investors have recently made changes to their positions in SWAN. NewEdge Advisors LLC boosted its position in Amplify BlackSwan Growth & Treasury Core ETF by 0.9% during the 2nd quarter. NewEdge Advisors LLC now owns 199,260 shares of the company’s stock worth $6,648,000 after purchasing an additional 1,750 shares during the period. Global View Capital Management LLC boosted its position in shares of Amplify BlackSwan Growth & Treasury Core ETF by 7.4% in the third quarter. Global View Capital Management LLC now owns 48,650 shares of the company’s stock worth $1,551,000 after buying an additional 3,369 shares during the period. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Amplify BlackSwan Growth & Treasury Core ETF in the third quarter worth about $283,000.

Amplify BlackSwan Growth & Treasury Core ETF Price Performance

SWAN stock traded down $0.36 during trading on Friday, reaching $32.22. 2,505 shares of the stock traded hands, compared to its average volume of 31,435. The business’s 50 day moving average price is $32.63 and its 200-day moving average price is $32.76. Amplify BlackSwan Growth & Treasury Core ETF has a 52-week low of $30.45 and a 52-week high of $34.21.

Amplify BlackSwan Growth & Treasury Core ETF Company Profile

The Amplify BlackSwan Growth & Treasury Core ETF (SWAN) is an exchange-traded fund that is based on the S-Network BlackSwan Core index. The fund tracks an index of long-dated options on an S&P 500 ETF (SPY) and US Treasurys averaging 10-year maturity. SWAN was launched on Nov 6, 2018 and is managed by Amplify.