Short Interest in Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Declines By 99.3%

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 142 shares, a decline of 99.3% from the February 12th total of 20,330 shares. Based on an average trading volume of 13,831 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 13,831 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Amplify BlueStar Israel Technology ETF

Large investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new stake in shares of Amplify BlueStar Israel Technology ETF during the 4th quarter worth about $33,000. IFP Advisors Inc boosted its holdings in shares of Amplify BlueStar Israel Technology ETF by 35.0% in the fourth quarter. IFP Advisors Inc now owns 1,773 shares of the company’s stock valued at $103,000 after acquiring an additional 460 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Amplify BlueStar Israel Technology ETF during the second quarter valued at approximately $133,000. Family Management Corp acquired a new position in shares of Amplify BlueStar Israel Technology ETF during the third quarter valued at approximately $205,000. Finally, RVW Wealth LLC raised its holdings in Amplify BlueStar Israel Technology ETF by 5.7% during the fourth quarter. RVW Wealth LLC now owns 4,418 shares of the company’s stock worth $256,000 after purchasing an additional 240 shares in the last quarter.

Amplify BlueStar Israel Technology ETF Stock Performance

Shares of NYSEARCA:ITEQ traded down $1.23 on Tuesday, hitting $58.37. The company’s stock had a trading volume of 8,742 shares, compared to its average volume of 10,677. The company has a market capitalization of $99.23 million, a price-to-earnings ratio of 29.66 and a beta of 1.00. Amplify BlueStar Israel Technology ETF has a 12 month low of $42.92 and a 12 month high of $64.05. The stock’s 50-day moving average is $59.53 and its two-hundred day moving average is $58.18.

Amplify BlueStar Israel Technology ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.4918 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.97 annualized dividend and a yield of 3.4%.

Amplify BlueStar Israel Technology ETF Company Profile

The BlueStar Israel Technology ETF (ITEQ) is an exchange-traded fund that is based on the BlueStar Israel Global Technology index. The fund tracks an index composed of Israeli technology companies listed globally. ITEQ was launched on Nov 2, 2015 and is managed by BlueStar.