Short Interest in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Decreases By 34.7%

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOKGet Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 284,615 shares, a decrease of 34.7% from the June 30th total of 436,036 shares. Based on an average daily volume of 150,683 shares, the short-interest ratio is presently 1.9 days. Currently, 1.6% of the company’s shares are sold short.

Institutional Trading of Amplify Transformational Data Sharing ETF

Large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Amplify Transformational Data Sharing ETF by 18,704.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,263,162 shares of the company’s stock valued at $242,531,000 after purchasing an additional 4,240,491 shares in the last quarter. Morgan Stanley boosted its stake in shares of Amplify Transformational Data Sharing ETF by 14.0% during the fourth quarter. Morgan Stanley now owns 1,559,411 shares of the company’s stock valued at $88,715,000 after purchasing an additional 191,238 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Amplify Transformational Data Sharing ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 1,014,462 shares of the company’s stock valued at $57,713,000 after purchasing an additional 39,904 shares in the last quarter. Gradient Investments LLC increased its holdings in Amplify Transformational Data Sharing ETF by 6.4% during the second quarter. Gradient Investments LLC now owns 551,638 shares of the company’s stock valued at $34,549,000 after buying an additional 32,989 shares during the period. Finally, Royal Bank of Canada increased its holdings in 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.

Amplify Transformational Data Sharing ETF Trading Down 0.5%

Shares of BLOK stock traded down $0.29 during trading hours on Friday, reaching $59.70. 78,981 shares of the stock were exchanged, compared to its average volume of 354,513. Amplify Transformational Data Sharing ETF has a 12-month low of $46.90 and a 12-month high of $75.89. The company’s 50-day moving average price is $63.23 and its 200-day moving average price is $59.28. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 24.76 and a beta of 2.15.

About Amplify Transformational Data Sharing ETF

(Get Free Report)

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.

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