Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Sees Large Decline in Short Interest

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 123,820 shares, a decrease of 47.1% from the January 29th total of 233,868 shares. Based on an average daily volume of 64,732 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.7% of the company’s stock are sold short. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 64,732 shares, the days-to-cover ratio is currently 1.9 days.

Amplify Lithium & Battery Technology ETF Trading Up 0.3%

NYSEARCA BATT traded up $0.05 during trading on Friday, hitting $16.26. 81,372 shares of the company traded hands, compared to its average volume of 83,281. Amplify Lithium & Battery Technology ETF has a 12 month low of $6.78 and a 12 month high of $16.68. The business has a fifty day simple moving average of $15.14 and a 200 day simple moving average of $13.53. The company has a market capitalization of $120.32 million, a P/E ratio of 20.17 and a beta of 1.15.

Institutional Investors Weigh In On Amplify Lithium & Battery Technology ETF

Large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its position in shares of Amplify Lithium & Battery Technology ETF by 708.2% in the third quarter. Raymond James Financial Inc. now owns 114,102 shares of the company’s stock valued at $1,482,000 after purchasing an additional 99,984 shares during the period. Q3 Asset Management bought a new stake in Amplify Lithium & Battery Technology ETF during the fourth quarter valued at about $1,394,000. LPL Financial LLC grew its position in shares of Amplify Lithium & Battery Technology ETF by 18.1% in the fourth quarter. LPL Financial LLC now owns 87,775 shares of the company’s stock valued at $1,211,000 after purchasing an additional 13,481 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Amplify Lithium & Battery Technology ETF in the fourth quarter valued at about $548,000. Finally, Cordoba Advisory Partners LLC bought a new position in shares of Amplify Lithium & Battery Technology ETF in the fourth quarter worth about $539,000.

About Amplify Lithium & Battery Technology ETF

The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite. BATT was launched on Jun 6, 2018 and is managed by Amplify.