Short Interest in Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Grows By 3,381.2%

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 20,330 shares, an increase of 3,381.2% from the January 29th total of 584 shares. Based on an average trading volume of 7,381 shares, the short-interest ratio is currently 2.8 days. Approximately 1.2% of the shares of the stock are sold short. Approximately 1.2% of the shares of the stock are sold short. Based on an average trading volume of 7,381 shares, the short-interest ratio is currently 2.8 days.

Institutional Investors Weigh In On Amplify BlueStar Israel Technology ETF

Large investors have recently added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID acquired a new position in Amplify BlueStar Israel Technology ETF during the second quarter worth about $54,000. Raymond James Financial Inc. purchased a new stake in Amplify BlueStar Israel Technology ETF in the 2nd quarter valued at approximately $133,000. Family Management Corp purchased a new stake in Amplify BlueStar Israel Technology ETF in the 3rd quarter valued at approximately $205,000. Ausdal Financial Partners Inc. acquired a new stake in Amplify BlueStar Israel Technology ETF during the 3rd quarter valued at $332,000. Finally, Flow Traders U.S. LLC purchased a new position in Amplify BlueStar Israel Technology ETF during the third quarter worth $1,385,000.

Amplify BlueStar Israel Technology ETF Price Performance

NYSEARCA ITEQ opened at $56.98 on Friday. The business has a 50 day moving average price of $59.57 and a 200 day moving average price of $57.78. The company has a market capitalization of $96.87 million, a P/E ratio of 29.66 and a beta of 1.00. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.4918 per share. This represents a $1.97 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Tuesday, December 30th.

About Amplify BlueStar Israel Technology ETF

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.