Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Short Interest Update

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 369 shares, a decline of 64.9% from the December 31st total of 1,052 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,437 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 1,437 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Amplify Bloomberg AI Value Chain ETF Trading Up 2.2%

NYSEARCA AIVC opened at $74.02 on Wednesday. The company has a 50-day moving average price of $68.56 and a two-hundred day moving average price of $64.09. Amplify Bloomberg AI Value Chain ETF has a 52 week low of $35.69 and a 52 week high of $74.09. The stock has a market cap of $37.01 million, a price-to-earnings ratio of 21.80 and a beta of 1.07.

Amplify Bloomberg AI Value Chain ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.116 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.46 annualized dividend and a dividend yield of 0.6%.

Institutional Investors Weigh In On Amplify Bloomberg AI Value Chain ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in Amplify Bloomberg AI Value Chain ETF during the 1st quarter worth approximately $635,000. Spire Wealth Management acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the second quarter worth $46,000. Raymond James Financial Inc. purchased a new position in shares of Amplify Bloomberg AI Value Chain ETF during the second quarter valued at $64,000. Osaic Holdings Inc. raised its position in Amplify Bloomberg AI Value Chain ETF by 177.2% during the second quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock valued at $75,000 after buying an additional 900 shares during the period. Finally, Prime Capital Investment Advisors LLC purchased a new stake in Amplify Bloomberg AI Value Chain ETF in the 3rd quarter worth about $206,000.

Amplify Bloomberg AI Value Chain ETF Company Profile

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.