Short Interest in Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Declines By 22.7%

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 834 shares, a decline of 22.7% from the December 31st total of 1,079 shares. Based on an average daily volume of 10,341 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,341 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Amplify BlueStar Israel Technology ETF

Several institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC purchased a new position in Amplify BlueStar Israel Technology ETF during the third quarter valued at approximately $1,385,000. Ausdal Financial Partners Inc. purchased a new position in shares of Amplify BlueStar Israel Technology ETF during the 3rd quarter valued at $332,000. Family Management Corp acquired a new position in shares of Amplify BlueStar Israel Technology ETF in the third quarter worth $205,000. Raymond James Financial Inc. purchased a new stake in shares of Amplify BlueStar Israel Technology ETF during the second quarter worth $133,000. Finally, Legacy Wealth Managment LLC ID purchased a new stake in shares of Amplify BlueStar Israel Technology ETF during the second quarter worth $54,000.

Amplify BlueStar Israel Technology ETF Stock Down 1.7%

Shares of ITEQ traded down $1.06 during mid-day trading on Tuesday, reaching $59.76. The company’s stock had a trading volume of 16,096 shares, compared to its average volume of 9,591. The company has a market cap of $101.59 million, a price-to-earnings ratio of 29.66 and a beta of 1.00. The business has a fifty day moving average of $59.43 and a 200 day moving average of $57.51. Amplify BlueStar Israel Technology ETF has a 1 year low of $42.92 and a 1 year high of $64.05.

Amplify BlueStar Israel Technology ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.4918 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 3.3%.

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.