Short Interest in Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Drops By 39.3%

Amplify Video Game Leaders ETF (NYSEARCA:GAMR) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 130 shares, a decline of 39.3% from the February 12th total of 214 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 813 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 813 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Amplify Video Game Leaders ETF

Several hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC purchased a new position in shares of Amplify Video Game Leaders ETF during the third quarter valued at approximately $880,000. Susquehanna International Group LLP boosted its holdings in Amplify Video Game Leaders ETF by 21.4% in the third quarter. Susquehanna International Group LLP now owns 14,172 shares of the company’s stock worth $1,370,000 after acquiring an additional 2,497 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in shares of Amplify Video Game Leaders ETF by 10.9% during 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 in the last quarter. Kestra Advisory Services LLC bought a new position in shares of Amplify Video Game Leaders ETF in the fourth quarter worth approximately $32,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Amplify Video Game Leaders ETF in the 2nd quarter worth approximately $25,000.

Amplify Video Game Leaders ETF Stock Down 0.6%

NYSEARCA:GAMR traded down $0.49 during midday trading on Friday, hitting $77.96. The company had a trading volume of 381 shares, compared to its average volume of 1,208. Amplify Video Game Leaders ETF has a 52-week low of $56.93 and a 52-week high of $103.93. The stock’s fifty day moving average price is $83.79 and its 200-day moving average price is $90.94. The company has a market capitalization of $36.64 million, a PE ratio of -216.56 and a beta of 1.05.

Amplify Video Game Leaders ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.471 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.4%. Amplify Video Game Leaders ETF’s dividend payout ratio is currently -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.