Amplify Travel Tech ETF (NYSEARCA:AWAY – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 7,776 shares, an increase of 50.6% from the July 15th total of 5,165 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,464 shares, the days-to-cover ratio is currently 2.2 days.
Amplify Travel Tech ETF Stock Performance
AWAY stock opened at $20.15 on Thursday. The company has a market capitalization of $27.20 million, a PE ratio of 335.83 and a beta of 0.90. Amplify Travel Tech ETF has a one year low of $15.50 and a one year high of $23.24. The company’s 50 day moving average price is $18.72 and its two-hundred day moving average price is $17.66.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Jane Street Group LLC bought a new stake in Amplify Travel Tech ETF in the fourth quarter valued at approximately $847,000. Flow Traders U.S. LLC grew its holdings in shares of Amplify Travel Tech ETF by 193.5% in the third 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 bought a new position in shares of Amplify Travel Tech ETF in the third quarter worth approximately $204,000. Finally, Parallel Advisors LLC increased its stake in shares of 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 buying an additional 650 shares during the period.
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.
Further Reading
- Five stocks we like better than Amplify Travel Tech ETF
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Amplify Travel Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Travel Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg){kind=logo}
