Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Sees Significant Drop in Short Interest

Amplify Video Game Leaders ETF (NYSEARCA:GAMR) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 244 shares, a decline of 45.8% from the January 15th total of 450 shares. Based on an average daily trading volume, of 866 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 866 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Amplify Video Game Leaders ETF

A number of institutional investors and hedge funds have recently modified their holdings of GAMR. Kestra Advisory Services LLC purchased a new stake in Amplify Video Game Leaders ETF during the 4th quarter valued at $32,000. Susquehanna International Group LLP boosted its stake in Amplify Video Game Leaders ETF by 21.4% during the third quarter. Susquehanna International Group LLP now owns 14,172 shares of the company’s stock worth $1,370,000 after buying an additional 2,497 shares during the period. Citadel Advisors LLC bought a new position in Amplify Video Game Leaders ETF during the third quarter valued at $880,000. Flow Traders U.S. LLC raised its stake in shares of Amplify Video Game Leaders ETF by 10.9% in the second quarter. Flow Traders U.S. LLC now owns 15,622 shares of the company’s stock valued at $1,329,000 after acquiring an additional 1,531 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of Amplify Video Game Leaders ETF in the second quarter valued at $25,000.

Amplify Video Game Leaders ETF Price Performance

Shares of NYSEARCA GAMR traded down $0.77 during mid-day trading on Friday, hitting $79.03. 1,274 shares of the company’s stock traded hands, compared to its average volume of 1,002. Amplify Video Game Leaders ETF has a 1 year low of $56.93 and a 1 year high of $103.93. The company’s 50-day moving average is $88.79 and its two-hundred day moving average is $92.66. The company has a market capitalization of $37.14 million, a P/E ratio of -219.53 and a beta of 1.05.

Amplify Video Game Leaders ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $0.471 per share. The ex-dividend date was Tuesday, December 30th. This represents a $1.88 dividend on an annualized basis and a yield of 2.4%. Amplify Video Game Leaders ETF’s dividend payout ratio is -130.56%.

About Amplify Video Game Leaders ETF

The Wedbush ETFMG Video Game Tech ETF (GAMR) is an exchange-traded fund that is based on the ISE EEFund Video Game Tech index. The fund tracks an equity index of global firms that support, create or use video games. Stocks are assigned to pure-play, non-pure-play or conglomerate baskets, and weighted equally within each. GAMR was launched on Mar 8, 2016 and is managed by ETF Managers Group.