Amplify Cybersecurity ETF (NYSEARCA:HACK) Short Interest Up 87.2% in June

Amplify Cybersecurity ETF (NYSEARCA:HACK) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 104,306 shares, a growth of 87.2% from the May 31st total of 55,722 shares. Based on an average daily volume of 165,901 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On Amplify Cybersecurity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans acquired a new stake in Amplify Cybersecurity ETF during the 4th quarter valued at $26,998,000. BFI Infinity Ltd. boosted its stake in Amplify Cybersecurity ETF by 106.3% in the fourth quarter. BFI Infinity Ltd. now owns 7,468 shares of the company’s stock worth $600,000 after purchasing an additional 125,637 shares in the last quarter. Cetera Investment Advisers boosted its stake in Amplify Cybersecurity ETF by 38.4% in the first quarter. Cetera Investment Advisers now owns 207,321 shares of the company’s stock worth $15,568,000 after purchasing an additional 57,471 shares in the last quarter. Artesa Financial Group LLC bought a new stake in shares of Amplify Cybersecurity ETF during the fourth quarter worth $4,429,000. Finally, Independent Financial Group LLC bought a new stake in shares of Amplify Cybersecurity ETF during the first quarter worth $3,370,000.

Amplify Cybersecurity ETF Stock Performance

NYSEARCA HACK remained flat at $106.97 during trading on Friday. The company’s stock had a trading volume of 253,743 shares, compared to its average volume of 132,597. The stock has a fifty day moving average price of $92.73 and a 200 day moving average price of $83.00. The firm has a market capitalization of $2.64 billion, a P/E ratio of 35.67 and a beta of 0.85. Amplify Cybersecurity ETF has a 12 month low of $69.66 and a 12 month high of $108.37.

Amplify Cybersecurity ETF Company Profile

The ETFMG Prime Cyber Security ETF (HACK) is an exchange-traded fund that is based on the Prime Cyber Defense index. The fund tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services.