Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Sees Significant Growth in Short Interest

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 940 shares, an increase of 154.7% from the January 15th total of 369 shares. Based on an average daily trading volume, of 1,464 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,464 shares, the short-interest ratio is currently 0.6 days.

Amplify Bloomberg AI Value Chain ETF Trading Up 1.2%

Shares of NYSEARCA AIVC traded up $0.82 on Friday, reaching $71.99. 555 shares of the company traded hands, compared to its average volume of 1,775. The company has a 50 day moving average of $70.03 and a 200 day moving average of $65.48. The stock has a market capitalization of $36.00 million, a PE ratio of 21.80 and a beta of 1.07. Amplify Bloomberg AI Value Chain ETF has a fifty-two week low of $35.69 and a fifty-two week high of $75.83.

Amplify Bloomberg AI Value Chain ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.116 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Amplify Bloomberg AI Value Chain ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Spire Wealth Management grew its holdings in Amplify Bloomberg AI Value Chain ETF by 23.4% during the third quarter. Spire Wealth Management now owns 1,053 shares of the company’s stock worth $67,000 after acquiring an additional 200 shares during the period. Osaic Holdings Inc. lifted its holdings in Amplify Bloomberg AI Value Chain ETF by 177.2% in the 2nd quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock valued at $75,000 after acquiring an additional 900 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Amplify Bloomberg AI Value Chain ETF during the 2nd quarter valued at about $64,000. Jane Street Group LLC grew its stake in shares of Amplify Bloomberg AI Value Chain ETF by 5.8% in the 4th quarter. Jane Street Group LLC now owns 42,081 shares of the company’s stock worth $2,853,000 after purchasing an additional 2,297 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the 4th quarter worth approximately $190,000.

About Amplify Bloomberg AI Value Chain ETF

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.