Amplify Travel Tech ETF (NYSEARCA:AWAY) Shares Shorted: Short Interest Up 97.2% in September

Amplify Travel Tech ETF (NYSEARCA:AWAY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 27,037 shares, a growth of 97.2% from the August 31st total of 13,711 shares. Currently, 2.0% of the company’s shares are short sold. Based on an average daily volume of 149,688 shares, the days-to-cover ratio is presently 0.2 days.

Amplify Travel Tech ETF Price Performance

Shares of Amplify Travel Tech ETF stock traded up $0.14 on Wednesday, hitting $16.99. 936 shares of the company’s stock traded hands, compared to its average volume of 17,926. The company has a fifty day moving average of $18.89 and a two-hundred day moving average of $17.84. Amplify Travel Tech ETF has a one year low of $15.50 and a one year high of $22.40. The company has a market capitalization of $22.94 million, a price-to-earnings ratio of 282.40 and a beta of 0.90.

Institutional Trading of Amplify Travel Tech ETF

An institutional investor recently raised its stake in Amplify Travel Tech ETF stock. Parallel Advisors LLC increased its stake in Amplify Travel Tech ETF (NYSEARCA:AWAY) by 67.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,614 shares of the company’s stock after acquiring an additional 650 shares during the quarter. Parallel Advisors LLC owned 0.11% of Amplify Travel Tech ETF worth $26,000 at the end of the most recent reporting period.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.