Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Stock Short Interest Report for September

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 2,906 shares, an increase of 352.6% from the September 15th total of 642 shares. Based on an average trading volume of 2,018 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Amplify BlueStar Israel Technology ETF stock. Royal Bank of Canada grew its stake in Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) by 94.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,193 shares of the company’s stock after buying an additional 578 shares during the period. Royal Bank of Canada owned 0.07% of Amplify BlueStar Israel Technology ETF worth $69,000 at the end of the most recent quarter.

Amplify BlueStar Israel Technology ETF Stock Up 1.3%

Shares of ITEQ traded up $0.82 during mid-day trading on Friday, hitting $62.06. 831 shares of the company traded hands, compared to its average volume of 9,033. The company has a market capitalization of $108.61 million, a PE ratio of 29.66 and a beta of 1.02. The business has a 50 day moving average of $62.94 and a 200 day moving average of $63.38. Amplify BlueStar Israel Technology ETF has a 1-year low of $52.16 and a 1-year high of $71.00.

Amplify BlueStar Israel Technology ETF Company Profile

The BlueStar Israel Technology ETF (ITEQ) is an exchange-traded fund that is based on the BlueStar Israel Global Technology index. The fund tracks an index composed of Israeli technology companies listed globally. ITEQ was launched on Nov 2, 2015 and is managed by BlueStar.