Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Down 15.6% in April

Amplify Online Retail ETF (NYSEARCA:IBUY) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 21,139 shares, a decline of 15.6% from the March 31st total of 25,046 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily volume of 5,697 shares, the days-to-cover ratio is currently 3.7 days.

Amplify Online Retail ETF Stock Up 0.7%

Shares of IBUY stock traded up $0.49 during trading on Friday, reaching $68.20. The company’s stock had a trading volume of 1,490 shares, compared to its average volume of 16,436. The business has a fifty day moving average price of $65.03 and a 200-day moving average price of $70.28. The company has a market cap of $119.35 million, a price-to-earnings ratio of 23.29 and a beta of 1.49. Amplify Online Retail ETF has a one year low of $58.08 and a one year high of $79.05.

Institutional Trading of Amplify Online Retail ETF

A number of institutional investors have recently made changes to their positions in IBUY. Jane Street Group LLC raised its holdings in Amplify Online Retail ETF by 176.6% during the second quarter. Jane Street Group LLC now owns 10,510 shares of the company’s stock worth $726,000 after acquiring an additional 6,710 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in Amplify Online Retail ETF during the second quarter valued at approximately $2,408,000. Moran Wealth Management LLC boosted its position in Amplify Online Retail ETF by 80.2% during the third quarter. Moran Wealth Management LLC now owns 15,439 shares of the company’s stock valued at $1,176,000 after purchasing an additional 6,872 shares during the last quarter. Nwam LLC boosted its position in Amplify Online Retail ETF by 1.9% during the third quarter. Nwam LLC now owns 13,285 shares of the company’s stock valued at $987,000 after purchasing an additional 252 shares during the last quarter. Finally, Florin Court Capital LLP boosted its position in Amplify Online Retail ETF by 53.8% during the third quarter. Florin Court Capital LLP now owns 13,600 shares of the company’s stock valued at $1,036,000 after purchasing an additional 4,758 shares during the last quarter.

Amplify Online Retail ETF Company Profile

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.