Amplify Cybersecurity ETF (NYSEARCA:HACK) Short Interest Update

Amplify Cybersecurity ETF (NYSEARCA:HACK) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 475,900 shares, a growth of 187.6% from the May 15th total of 165,500 shares. Based on an average daily volume of 144,300 shares, the short-interest ratio is currently 3.3 days. Currently, 1.8% of the shares of the company are sold short.

Amplify Cybersecurity ETF Stock Up 0.3%

Amplify Cybersecurity ETF stock opened at $83.67 on Friday. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 35.73 and a beta of 0.85. Amplify Cybersecurity ETF has a 52 week low of $58.33 and a 52 week high of $84.95. The business’s 50-day moving average price is $76.89 and its 200 day moving average price is $76.28.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Harbour Investments Inc. raised its position in shares of Amplify Cybersecurity ETF by 130.3% in the fourth quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock worth $26,000 after acquiring an additional 198 shares during the period. LFA Lugano Financial Advisors SA purchased a new position in shares of Amplify Cybersecurity ETF in the 4th quarter valued at about $26,000. NBC Securities Inc. acquired a new position in Amplify Cybersecurity ETF in the 1st quarter worth about $27,000. Smallwood Wealth Investment Management LLC purchased a new position in Amplify Cybersecurity ETF during the first quarter worth approximately $31,000. Finally, EPG Wealth Management LLC purchased a new position in Amplify Cybersecurity ETF during the fourth quarter worth approximately $50,000.

About Amplify Cybersecurity ETF

The ETFMG Prime Cyber Security ETF (HACK) is an exchange-traded fund that is based on the Prime Cyber Defense index. The fund tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services. HACK was launched on Nov 11, 2014 and is managed by ETF Managers Group.