Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Short Interest Down 41.9% in August

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 12,298 shares, a decline of 41.9% from the August 15th total of 21,166 shares. Based on an average daily volume of 28,164 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Amplify Lithium & Battery Technology ETF Stock Up 2.4%

Shares of NYSEARCA BATT traded up $0.34 during mid-day trading on Thursday, reaching $14.79. 18,165 shares of the company were exchanged, compared to its average volume of 71,008. The company’s 50-day simple moving average is $15.04 and its 200-day simple moving average is $15.64. The stock has a market capitalization of $118.31 million, a P/E ratio of 20.17 and a beta of 1.14. Amplify Lithium & Battery Technology ETF has a twelve month low of $11.95 and a twelve month high of $18.08.

Institutional Investors Weigh In On Amplify Lithium & Battery Technology ETF

Several hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers lifted its holdings in shares of Amplify Lithium & Battery Technology ETF by 65.1% during the first quarter. Cetera Investment Advisers now owns 65,604 shares of the company’s stock worth $977,000 after buying an additional 25,870 shares in the last quarter. Great Diamond Partners LLC acquired a new position in shares of Amplify Lithium & Battery Technology ETF in the fourth quarter valued at about $248,000. Root Financial Partners LLC bought a new position in Amplify Lithium & Battery Technology ETF during the fourth quarter worth about $35,000. Baron Financial Group LLC increased its position in Amplify Lithium & Battery Technology ETF by 8.1% during the second quarter. Baron Financial Group LLC now owns 13,925 shares of the company’s stock worth $214,000 after acquiring an additional 1,045 shares during the period. Finally, Harbor Asset Planning Inc. increased its position in Amplify Lithium & Battery Technology ETF by 71.0% during the first quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock worth $31,000 after acquiring an additional 876 shares during the period.

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.