Short Interest in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Drops By 20.4%

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 396,545 shares, a decline of 20.4% from the March 15th total of 498,368 shares. Approximately 2.1% of the company’s shares are short sold. Based on an average daily trading volume, of 229,472 shares, the short-interest ratio is currently 1.7 days.

Amplify Transformational Data Sharing ETF Stock Down 1.4%

Shares of NYSEARCA:BLOK traded down $0.80 during trading on Thursday, reaching $57.76. The stock had a trading volume of 111,461 shares, compared to its average volume of 408,047. The business has a fifty day moving average price of $53.08 and a 200-day moving average price of $60.03. The stock has a market cap of $1.07 billion, a P/E ratio of 24.76 and a beta of 2.10. Amplify Transformational Data Sharing ETF has a fifty-two week low of $35.33 and a fifty-two week high of $75.89.

Hedge Funds Weigh In On Amplify Transformational Data Sharing ETF

A number of institutional investors have recently modified their holdings of BLOK. Mather Group LLC. acquired a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter valued at approximately $27,000. Signaturefd LLC raised its position in shares of Amplify Transformational Data Sharing ETF by 88.3% in the fourth quarter. Signaturefd LLC now owns 565 shares of the company’s stock valued at $32,000 after buying an additional 265 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of Amplify Transformational Data Sharing ETF by 69.0% in the third quarter. Sound Income Strategies LLC now owns 485 shares of the company’s stock valued at $36,000 after buying an additional 198 shares during the last quarter. Rossby Financial LCC acquired a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter valued at approximately $43,000. Finally, Strategic Advocates LLC acquired a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter valued at approximately $50,000.

Amplify Transformational Data Sharing ETF Company Profile

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio mainly consisting of global equities focusing on blockchain technology. BLOK was launched on Jan 16, 2018 and is managed by Amplify.