Amplify Travel Tech ETF (NYSEARCA:AWAY – Get Free Report) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 13,711 shares, a decline of 83.5% from the August 15th total of 83,255 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 7,927 shares, the short-interest ratio is currently 1.7 days.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of Amplify Travel Tech ETF during the fourth quarter valued at about $847,000. Flow Traders U.S. LLC raised its position in shares of Amplify Travel Tech ETF by 193.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 38,099 shares of the company’s stock worth $848,000 after purchasing an additional 25,120 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Amplify Travel Tech ETF during the 3rd quarter valued at $204,000. Finally, Parallel Advisors LLC boosted its holdings in Amplify Travel Tech ETF by 67.4% in the first quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock worth $26,000 after purchasing an additional 650 shares during the last quarter.
Amplify Travel Tech ETF Stock Up 0.6%
NYSEARCA:AWAY traded up $0.10 during trading hours on Friday, hitting $17.78. 6,624 shares of the company’s stock traded hands, compared to its average volume of 18,716. Amplify Travel Tech ETF has a 52 week low of $15.50 and a 52 week high of $23.24. The business’s fifty day simple moving average is $19.16 and its two-hundred day simple moving average is $17.80. The firm has a market cap of $24.00 million, a P/E ratio of 296.33 and a beta of 0.90.
Amplify Travel Tech ETF Company Profile
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.
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