Amplify Travel Tech ETF (NYSEARCA:AWAY) Short Interest Down 68.9% in June

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 14,146 shares, a drop of 68.9% from the May 31st total of 45,446 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 12,737 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On Amplify Travel Tech ETF

Several large investors have recently made changes to their positions in the stock. Parallel Advisors LLC raised its holdings in shares of Amplify Travel Tech ETF by 67.4% during the first quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock worth $26,000 after acquiring an additional 650 shares during the period. Citadel Advisors LLC acquired a new position in Amplify Travel Tech ETF in the 3rd quarter worth $204,000. Flow Traders U.S. LLC acquired a new position in Amplify Travel Tech ETF in the 2nd quarter worth $279,000. Finally, Jane Street Group LLC bought a new position in Amplify Travel Tech ETF during the 4th quarter worth about $847,000.

Amplify Travel Tech ETF Price Performance

Shares of Amplify Travel Tech ETF stock traded up $0.21 during trading hours on Friday, hitting $17.95. The company’s stock had a trading volume of 2,841 shares, compared to its average volume of 7,769. The stock has a 50 day moving average of $17.37 and a 200 day moving average of $18.11. Amplify Travel Tech ETF has a 12 month low of $15.50 and a 12 month high of $23.24. The company has a market capitalization of $26.93 million, a PE ratio of 299.17 and a beta of 0.91.

Amplify Travel Tech ETF Company Profile

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.