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

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 245,074 shares, a decline of 22.9% from the March 31st total of 317,854 shares. Approximately 3.3% of the company’s shares are sold short. Based on an average trading volume of 71,677 shares, the short-interest ratio is currently 3.4 days.

Amplify Lithium & Battery Technology ETF Price Performance

BATT traded down $0.04 during trading on Friday, hitting $16.92. The company’s stock had a trading volume of 69,425 shares, compared to its average volume of 77,446. The firm’s 50 day moving average price is $15.56 and its 200-day moving average price is $14.65. The stock has a market cap of $126.90 million, a PE ratio of 20.17 and a beta of 1.09. Amplify Lithium & Battery Technology ETF has a twelve month low of $8.27 and a twelve month high of $17.20.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BATT. Jane Street Group LLC raised its holdings in Amplify Lithium & Battery Technology ETF by 47.4% in the 2nd quarter. Jane Street Group LLC now owns 24,765 shares of the company’s stock valued at $231,000 after acquiring an additional 7,964 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Amplify Lithium & Battery Technology ETF by 16.3% in the 2nd quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock valued at $104,000 after acquiring an additional 1,565 shares during the last quarter. CWM LLC raised its holdings in Amplify Lithium & Battery Technology ETF by 46.9% in the 3rd quarter. CWM LLC now owns 14,884 shares of the company’s stock valued at $193,000 after acquiring an additional 4,753 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Amplify Lithium & Battery Technology ETF by 708.2% in the 3rd quarter. Raymond James Financial Inc. now owns 114,102 shares of the company’s stock valued at $1,482,000 after acquiring an additional 99,984 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Amplify Lithium & Battery Technology ETF in the 3rd quarter valued at $274,000.

Amplify Lithium & Battery Technology ETF Company Profile

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.