Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Update

Amplify Online Retail ETF (NYSEARCA:IBUY) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 2,490 shares, an increase of 348.6% from the January 15th total of 555 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 8,103 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 8,103 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On Amplify Online Retail ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP bought a new position in shares of Amplify Online Retail ETF in the 3rd quarter valued at about $3,473,000. Ameriprise Financial Inc. increased its stake in Amplify Online Retail ETF by 19.9% during the third quarter. Ameriprise Financial Inc. now owns 41,833 shares of the company’s stock worth $3,187,000 after acquiring an additional 6,947 shares during the last quarter. Natural Investments LLC purchased a new stake in Amplify Online Retail ETF during the third quarter valued at approximately $2,871,000. Moran Wealth Management LLC raised its position in Amplify Online Retail ETF by 58.3% during the fourth quarter. Moran Wealth Management LLC now owns 24,437 shares of the company’s stock valued at $1,819,000 after purchasing an additional 8,998 shares during the period. Finally, Florin Court Capital LLP lifted its stake in shares of Amplify Online Retail ETF by 53.8% in the 3rd quarter. Florin Court Capital LLP now owns 13,600 shares of the company’s stock valued at $1,036,000 after purchasing an additional 4,758 shares during the last quarter.

Amplify Online Retail ETF Stock Performance

Shares of Amplify Online Retail ETF stock opened at $68.18 on Wednesday. The company has a fifty day moving average of $74.24 and a 200 day moving average of $73.97. The company has a market capitalization of $132.95 million, a P/E ratio of 23.29 and a beta of 1.52. Amplify Online Retail ETF has a fifty-two week low of $51.60 and a fifty-two week high of $79.05.

Amplify Online Retail ETF Company Profile

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.