Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Up 3,775.6% in February

Amplify Online Retail ETF (NYSEARCA:IBUYGet Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 96,503 shares, an increase of 3,775.6% from the January 29th total of 2,490 shares. Approximately 4.9% of the shares of the stock are short sold. Based on an average trading volume of 35,043 shares, the short-interest ratio is presently 2.8 days. Based on an average trading volume of 35,043 shares, the short-interest ratio is presently 2.8 days. Approximately 4.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On Amplify Online Retail ETF

Institutional investors have recently added to or reduced their stakes in the company. Horizon Investments LLC purchased a new position in shares of Amplify Online Retail ETF in the 3rd quarter worth $56,000. Larson Financial Group LLC purchased a new stake in shares of Amplify Online Retail ETF in the fourth quarter worth approximately $76,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Amplify Online Retail ETF during the 3rd quarter worth approximately $91,000. Flagship Harbor Advisors LLC purchased a new position in Amplify Online Retail ETF during the 4th quarter valued at $93,000. Finally, Kestra Advisory Services LLC purchased a new position in Amplify Online Retail ETF during the 4th quarter valued at $147,000.

Amplify Online Retail ETF Trading Up 2.8%

NYSEARCA IBUY opened at $66.25 on Friday. The stock’s 50 day moving average is $71.78 and its 200 day moving average is $73.39. Amplify Online Retail ETF has a 12 month low of $51.60 and a 12 month high of $79.05. The stock has a market cap of $129.19 million, a PE ratio of 23.29 and a beta of 1.52.

Amplify Online Retail ETF Company Profile

(Get Free Report)

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.

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