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

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 365 shares, a decline of 66.3% from the February 12th total of 1,084 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,735 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 2,735 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in Amplify Bloomberg AI Value Chain ETF in the second quarter worth approximately $64,000. Spire Wealth Management raised its position in Amplify Bloomberg AI Value Chain ETF by 23.4% in the third quarter. Spire Wealth Management now owns 1,053 shares of the company’s stock valued at $67,000 after purchasing an additional 200 shares during the period. Osaic Holdings Inc. grew its holdings in shares of 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 worth $75,000 after purchasing an additional 900 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF during the 4th quarter worth about $190,000. Finally, Prime Capital Investment Advisors LLC acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF during the 3rd quarter worth about $206,000.

Amplify Bloomberg AI Value Chain ETF Stock Performance

NYSEARCA AIVC opened at $70.67 on Wednesday. The business has a fifty day moving average price of $71.19 and a 200 day moving average price of $67.52. The company has a market cap of $35.34 million, a P/E ratio of 21.80 and a beta of 1.07. Amplify Bloomberg AI Value Chain ETF has a one year low of $35.69 and a one year high of $75.83.

Amplify Bloomberg AI Value Chain ETF Announces Dividend

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

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.