Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Short Interest Update

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 621,781 shares, a drop of 22.4% from the January 29th total of 801,606 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average daily trading volume, of 590,100 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 590,100 shares, the short-interest ratio is currently 1.1 days. Currently, 3.0% of the shares of the company are short sold.

Amplify Transformational Data Sharing ETF Stock Performance

BLOK stock opened at $53.30 on Monday. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 24.76 and a beta of 2.10. The business’s 50-day moving average is $58.61 and its two-hundred day moving average is $62.10. Amplify Transformational Data Sharing ETF has a fifty-two week low of $31.32 and a fifty-two week high of $75.89.

Institutional Investors Weigh In On Amplify Transformational Data Sharing ETF

A number of hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of Amplify Transformational Data Sharing ETF by 24.2% during the first quarter. Royal Bank of Canada now owns 207,990 shares of the company’s stock valued at $7,671,000 after buying an additional 40,518 shares during the period. Atria Investments Inc increased its stake in Amplify Transformational Data Sharing ETF by 8.2% in the second quarter. Atria Investments Inc now owns 6,233 shares of the company’s stock worth $356,000 after purchasing an additional 470 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of Amplify Transformational Data Sharing ETF by 91.2% during the second quarter. Creative Financial Designs Inc. ADV now owns 3,969 shares of the company’s stock worth $227,000 after purchasing an additional 1,893 shares during the last quarter. Simplex Trading LLC purchased a new stake in shares of Amplify Transformational Data Sharing ETF during the second quarter valued at $71,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Amplify Transformational Data Sharing ETF in the second quarter worth about $135,000.

About Amplify Transformational Data Sharing ETF

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio mainly consisting of global equities focusing on blockchain technology. BLOK was launched on Jan 16, 2018 and is managed by Amplify.