Amplify Cybersecurity ETF (NYSEARCA:HACK) Shares Shorted: Short Interest Down 82.5% in September

Amplify Cybersecurity ETF (NYSEARCA:HACK) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 182,896 shares, a decline of 82.5% from the September 15th total of 1,044,540 shares. Based on an average daily trading volume, of 349,322 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.7% of the company’s shares are short sold.

Amplify Cybersecurity ETF Stock Performance

Shares of NYSEARCA:HACK opened at $130.76 on Friday. The company has a market capitalization of $3.61 billion, a PE ratio of 35.67 and a beta of 0.84. The company has a 50 day moving average price of $117.00 and a two-hundred day moving average price of $100.95. Amplify Cybersecurity ETF has a 52 week low of $69.66 and a 52 week high of $130.79.

Hedge Funds Weigh In On Amplify Cybersecurity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HACK. Cetera Investment Advisers grew its holdings in Amplify Cybersecurity ETF by 38.4% in the 1st quarter. Cetera Investment Advisers now owns 207,321 shares of the company’s stock valued at $15,568,000 after buying an additional 57,471 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Amplify Cybersecurity ETF by 7.7% in the 1st quarter. Bank of America Corp DE now owns 180,181 shares of the company’s stock valued at $13,530,000 after acquiring an additional 12,947 shares during the last quarter. D.A. Davidson & CO. raised its position in Amplify Cybersecurity ETF by 44.8% in the first quarter. D.A. Davidson & CO. now owns 73,286 shares of the company’s stock valued at $5,503,000 after purchasing an additional 22,665 shares during the last quarter. Thoma Capital Management LLC boosted its position in Amplify Cybersecurity ETF by 5.4% during the 1st quarter. Thoma Capital Management LLC now owns 68,835 shares of the company’s stock worth $5,169,000 after buying an additional 3,544 shares during the period. Finally, Artesa Financial Group LLC grew its position in shares of Amplify Cybersecurity ETF by 1.8% in the 1st quarter. Artesa Financial Group LLC now owns 56,095 shares of the company’s stock valued at $4,212,000 after buying an additional 986 shares during the last quarter.

About Amplify Cybersecurity ETF

The ETFMG Prime Cyber Security ETF (HACK) is an exchange-traded fund that is based on the Prime Cyber Defense index. The fund tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services.