Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Short Interest Update

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,052 shares, a growth of 176.1% from the December 15th total of 381 shares. Based on an average daily volume of 1,461 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 1,461 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Amplify Bloomberg AI Value Chain ETF

Several institutional investors and hedge funds have recently made changes to their positions in AIVC. Spire Wealth Management purchased a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the second quarter valued at about $46,000. Jane Street Group LLC increased its holdings in shares of Amplify Bloomberg AI Value Chain ETF by 97.3% in the second quarter. Jane Street Group LLC now owns 29,240 shares of the company’s stock worth $1,561,000 after buying an additional 14,419 shares during the period. Flow Traders U.S. LLC purchased a new position in Amplify Bloomberg AI Value Chain ETF during the 3rd quarter valued at about $650,000. Osaic Holdings Inc. boosted its position in Amplify Bloomberg AI Value Chain ETF by 177.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock valued at $75,000 after acquiring an additional 900 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Amplify Bloomberg AI Value Chain ETF during the second quarter valued at approximately $64,000.

Amplify Bloomberg AI Value Chain ETF Stock Performance

Shares of AIVC traded up $0.79 during trading hours on Thursday, reaching $70.99. The stock had a trading volume of 1,010 shares, compared to its average volume of 1,379. The company’s 50-day moving average is $67.97 and its two-hundred day moving average is $62.92. Amplify Bloomberg AI Value Chain ETF has a 12 month low of $35.69 and a 12 month high of $72.79. The stock has a market capitalization of $35.50 million, a PE ratio of 21.80 and a beta of 1.07.

Amplify Bloomberg AI Value Chain ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.116 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.46 annualized dividend and a yield of 0.7%.

Amplify Bloomberg AI Value Chain ETF Company Profile

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.