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

Amplify Online Retail ETF (NYSEARCA:IBUY) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,859 shares, an increase of 79.6% from the November 30th total of 2,149 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 4,171 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 4,171 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Amplify Online Retail ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Natural Investments LLC bought a new stake in shares of Amplify Online Retail ETF during the third quarter worth about $2,871,000. Swisher Financial Concepts Inc. acquired a new stake in Amplify Online Retail ETF during the 2nd quarter worth approximately $331,000. Chicago Partners Investment Group LLC acquired a new stake in Amplify Online Retail ETF during the 2nd quarter worth approximately $216,000. Florin Court Capital LLP grew its holdings in Amplify Online Retail ETF by 66.7% during the 2nd quarter. Florin Court Capital LLP now owns 8,842 shares of the company’s stock worth $610,000 after acquiring an additional 3,538 shares during the last quarter. Finally, Moran Wealth Management LLC increased its position in Amplify Online Retail ETF by 88.4% in the 2nd quarter. Moran Wealth Management LLC now owns 8,567 shares of the company’s stock valued at $591,000 after acquiring an additional 4,019 shares during the period.

Amplify Online Retail ETF Stock Performance

NYSEARCA IBUY opened at $75.52 on Friday. The firm’s fifty day moving average price is $73.74 and its two-hundred day moving average price is $72.92. The stock has a market cap of $158.59 million, a PE 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.

About Amplify Online Retail ETF

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.