Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Update

Amplify Online Retail ETF (NYSEARCA:IBUY) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 3,859 shares, a growth of 79.6% from the November 30th total of 2,149 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,171 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 4,171 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

Amplify Online Retail ETF Stock Down 0.2%

Shares of NYSEARCA:IBUY traded down $0.18 during midday trading on Monday, hitting $75.34. 3,600 shares of the stock traded hands, compared to its average volume of 17,408. The business’s 50 day moving average is $73.74 and its two-hundred day moving average is $72.94. The stock has a market capitalization of $158.21 million, a PE ratio of 23.29 and a beta of 1.52. Amplify Online Retail ETF has a one year low of $51.60 and a one year high of $79.05.

Hedge Funds Weigh In On Amplify Online Retail ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Horizon Investments LLC bought a new stake in Amplify Online Retail ETF during the third quarter valued at about $56,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Amplify Online Retail ETF during the 3rd quarter valued at approximately $91,000. Ausdal Financial Partners Inc. purchased a new stake in Amplify Online Retail ETF in the 3rd quarter worth approximately $209,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in Amplify Online Retail ETF in the 3rd quarter worth approximately $214,000. Finally, Chicago Partners Investment Group LLC bought a new stake in Amplify Online Retail ETF during the 2nd quarter worth approximately $216,000.

Amplify Online Retail ETF Company Profile

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.