Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Sees Significant Decrease in Short Interest

Amplify Video Game Leaders ETF (NYSEARCA:GAMR) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 244 shares, a decline of 45.8% from the January 15th total of 450 shares. Based on an average daily trading volume, of 866 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 866 shares, the short-interest ratio is presently 0.3 days.

Amplify Video Game Leaders ETF Stock Down 1.0%

Shares of NYSEARCA:GAMR traded down $0.77 during midday trading on Friday, reaching $79.03. The company had a trading volume of 1,274 shares, compared to its average volume of 1,002. Amplify Video Game Leaders ETF has a 1-year low of $56.93 and a 1-year high of $103.93. The stock has a market cap of $37.14 million, a PE ratio of -219.53 and a beta of 1.05. The business’s 50 day moving average price is $88.79 and its 200 day moving average price is $92.72.

Amplify Video Game Leaders ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $0.471 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $1.88 annualized dividend and a dividend yield of 2.4%. Amplify Video Game Leaders ETF’s payout ratio is -130.56%.

Hedge Funds Weigh In On Amplify Video Game Leaders ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GAMR. Flow Traders U.S. LLC lifted its stake in shares of Amplify Video Game Leaders ETF by 10.9% during the 2nd quarter. Flow Traders U.S. LLC now owns 15,622 shares of the company’s stock worth $1,329,000 after buying an additional 1,531 shares during the last quarter. Susquehanna International Group LLP raised its holdings in Amplify Video Game Leaders ETF by 21.4% in the 3rd quarter. Susquehanna International Group LLP now owns 14,172 shares of the company’s stock valued at $1,370,000 after acquiring an additional 2,497 shares during the period. Citadel Advisors LLC acquired a new stake in Amplify Video Game Leaders ETF during the third quarter worth approximately $880,000. Kestra Advisory Services LLC acquired a new stake in Amplify Video Game Leaders ETF during the fourth quarter worth approximately $32,000. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Amplify Video Game Leaders ETF during the second quarter worth approximately $25,000.

About Amplify Video Game Leaders ETF

The Wedbush ETFMG Video Game Tech ETF (GAMR) is an exchange-traded fund that is based on the ISE EEFund Video Game Tech index. The fund tracks an equity index of global firms that support, create or use video games. Stocks are assigned to pure-play, non-pure-play or conglomerate baskets, and weighted equally within each. GAMR was launched on Mar 8, 2016 and is managed by ETF Managers Group.