Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Short Interest Update

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 19,921 shares, an increase of 1,211.5% from the April 30th total of 1,519 shares. Currently, 4.0% of the shares of the stock are sold short. Based on an average daily volume of 15,246 shares, the short-interest ratio is presently 1.3 days.

Amplify Bloomberg AI Value Chain ETF Trading Down 0.5%

Shares of Amplify Bloomberg AI Value Chain ETF stock traded down $0.57 during midday trading on Wednesday, reaching $107.92. The company had a trading volume of 3,347 shares, compared to its average volume of 4,861. The company has a market capitalization of $53.96 million, a price-to-earnings ratio of 21.80 and a beta of 1.22. The stock has a fifty day simple moving average of $85.56 and a 200 day simple moving average of $75.21. Amplify Bloomberg AI Value Chain ETF has a 1-year low of $45.80 and a 1-year high of $108.61.

Institutional Trading of Amplify Bloomberg AI Value Chain ETF

A number of institutional investors have recently bought and sold shares of AIVC. Jane Street Group LLC acquired a new stake in Amplify Bloomberg AI Value Chain ETF during the 1st quarter worth $635,000. Raymond James Financial Inc. acquired a new stake in Amplify Bloomberg AI Value Chain ETF during the 2nd quarter worth $64,000. Osaic Holdings Inc. grew its holdings in Amplify Bloomberg AI Value Chain ETF by 177.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock worth $75,000 after acquiring an additional 900 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in Amplify Bloomberg AI Value Chain ETF during the 3rd quarter worth $206,000. Finally, Flow Traders U.S. LLC acquired a new stake in Amplify Bloomberg AI Value Chain ETF during the 3rd quarter worth $650,000.

About Amplify Bloomberg AI Value Chain ETF

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.