Amplify Travel Tech ETF (NYSEARCA:AWAY) Short Interest Down 34.4% in July

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 5,165 shares, a drop of 34.4% from the June 30th total of 7,876 shares. Based on an average trading volume of 3,610 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in Amplify Travel Tech ETF during the fourth quarter worth about $847,000. Flow Traders U.S. LLC increased its holdings in Amplify Travel Tech ETF by 193.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 38,099 shares of the company’s stock valued at $848,000 after buying an additional 25,120 shares during the period. Citadel Advisors LLC bought a new position in Amplify Travel Tech ETF in the 3rd quarter valued at about $204,000. Finally, Parallel Advisors LLC raised its position in shares of Amplify Travel Tech ETF by 67.4% in the 1st quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock valued at $26,000 after buying an additional 650 shares in the last quarter.

Amplify Travel Tech ETF Trading Up 0.4%

NYSEARCA AWAY traded up $0.07 during midday trading on Friday, hitting $19.36. The company had a trading volume of 1,705 shares, compared to its average volume of 7,093. The firm has a 50-day moving average price of $17.90 and a 200-day moving average price of $17.67. The company has a market capitalization of $26.14 million, a PE ratio of 322.67 and a beta of 0.90. Amplify Travel Tech ETF has a twelve month low of $15.50 and a twelve month high of $23.24.

About Amplify Travel Tech ETF

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.