Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Sees Large Decrease in Short Interest

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 365 shares, a decrease of 66.3% from the February 12th total of 1,084 shares. Based on an average trading volume of 2,735 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 2,735 shares, the short-interest ratio is currently 0.1 days.

Amplify Bloomberg AI Value Chain ETF Price Performance

AIVC stock traded down $0.04 during midday trading on Friday, reaching $69.41. 1,599 shares of the company were exchanged, compared to its average volume of 1,932. The business has a 50-day moving average price of $71.30 and a two-hundred day moving average price of $67.56. Amplify Bloomberg AI Value Chain ETF has a one year low of $35.69 and a one year high of $75.83. The firm has a market capitalization of $34.71 million, a price-to-earnings ratio of 21.80 and a beta of 1.07.

Amplify Bloomberg AI Value Chain ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $0.116 per share. The ex-dividend date was Tuesday, December 30th. This represents a $0.46 annualized dividend and a yield of 0.7%.

Institutional Trading of Amplify Bloomberg AI Value Chain ETF

Several hedge funds have recently added to or reduced their stakes in AIVC. Jane Street Group LLC acquired a new stake in Amplify Bloomberg AI Value Chain ETF during the first quarter worth about $635,000. Flow Traders U.S. LLC acquired a new position in shares of Amplify Bloomberg AI Value Chain ETF in the 3rd quarter valued at approximately $650,000. Claris Financial LLC bought a new stake in shares of Amplify Bloomberg AI Value Chain ETF during the 4th quarter worth approximately $493,000. LPL Financial LLC lifted its holdings in shares of Amplify Bloomberg AI Value Chain ETF by 32.6% during the 4th quarter. LPL Financial LLC now owns 16,049 shares of the company’s stock worth $1,088,000 after acquiring an additional 3,950 shares during the period. Finally, Prime Capital Investment Advisors LLC acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF during the 3rd quarter worth approximately $206,000.

Amplify Bloomberg AI Value Chain ETF Company Profile

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.