Amplify Travel Tech ETF (NYSEARCA:AWAY) Stock Short Interest Falls 45.4%

Amplify Travel Tech ETF (NYSEARCA:AWAY) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 14,751 shares, a decrease of 45.4% from the September 15th total of 27,037 shares. Based on an average daily volume of 7,756 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.1% of the company’s shares are sold short.

Amplify Travel Tech ETF Trading Down 0.3%

Shares of NYSEARCA AWAY traded down $0.04 during mid-day trading on Friday, reaching $17.07. The company had a trading volume of 8,957 shares, compared to its average volume of 17,121. The business’s 50-day moving average is $18.36 and its 200-day moving average is $17.90. The stock has a market cap of $23.04 million, a price-to-earnings ratio of 284.52 and a beta of 0.97. Amplify Travel Tech ETF has a 52 week low of $15.50 and a 52 week high of $22.00.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Amplify Travel Tech ETF stock. Parallel Advisors LLC grew its stake in shares of Amplify Travel Tech ETF (NYSEARCA:AWAY) by 67.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,614 shares of the company’s stock after buying an additional 650 shares during the period. Parallel Advisors LLC owned 0.11% of Amplify Travel Tech ETF worth $26,000 at the end of the most recent reporting period.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.