Amplify Travel Tech ETF (NYSEARCA:AWAY) Sees Significant Decline in Short Interest

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 5,165 shares, a decrease of 34.4% from the June 30th total of 7,876 shares. Based on an average daily volume of 3,610 shares, the short-interest ratio is currently 1.4 days. Currently, 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On Amplify Travel Tech ETF

Several large investors have recently modified their holdings of AWAY. Flow Traders U.S. LLC acquired a new stake in shares of Amplify Travel Tech ETF during the 2nd quarter valued at approximately $279,000. Citadel Advisors LLC bought a new stake in shares of Amplify Travel Tech ETF during the third quarter valued at about $204,000. Jane Street Group LLC acquired a new stake in shares of Amplify Travel Tech ETF in the 4th quarter worth approximately $847,000. Finally, Parallel Advisors LLC increased its position in shares of Amplify Travel Tech ETF by 67.4% during the 1st quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock valued at $26,000 after purchasing an additional 650 shares during the period.

Amplify Travel Tech ETF Stock Performance

AWAY stock opened at $19.34 on Friday. Amplify Travel Tech ETF has a 1 year low of $15.50 and a 1 year high of $23.24. The stock has a 50-day simple moving average of $17.96 and a 200-day simple moving average of $17.68. The firm has a market cap of $26.11 million, a P/E ratio of 322.33 and a beta of 0.90.

Amplify Travel Tech ETF Company Profile

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.