Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Stock Short Interest Rises 90.1%

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 734,440 shares, an increase of 90.1% from the September 30th total of 386,274 shares. Currently, 4.3% of the company’s shares are sold short. Based on an average daily trading volume, of 262,834 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Investors Weigh In On Amplify Transformational Data Sharing ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC purchased a new position in Amplify Transformational Data Sharing ETF during the third quarter worth about $72,000. ARQ Wealth Advisors LLC acquired a new stake in shares of Amplify Transformational Data Sharing ETF during the 3rd quarter worth approximately $598,000. Vise Technologies Inc. purchased a new stake in shares of Amplify Transformational Data Sharing ETF during the 3rd quarter valued at approximately $1,621,000. MGO One Seven LLC purchased a new stake in shares of Amplify Transformational Data Sharing ETF during the 3rd quarter valued at approximately $251,000. Finally, BOKF NA purchased a new stake in shares of Amplify Transformational Data Sharing ETF during the 3rd quarter valued at approximately $48,000.

Amplify Transformational Data Sharing ETF Stock Down 6.3%

Shares of BLOK opened at $51.25 on Friday. Amplify Transformational Data Sharing ETF has a 52-week low of $46.90 and a 52-week high of $71.91. The stock has a fifty day simple moving average of $60.62 and a two-hundred day simple moving average of $59.64. The company has a market capitalization of $871.25 million, a PE ratio of 24.76 and a beta of 2.17.

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.

Further Reading

• Five stocks we like better than Amplify Transformational Data Sharing ETF
• Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
• 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
• Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
• Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom

Receive News & Ratings for Amplify Transformational Data Sharing ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Transformational Data Sharing ETF and related companies with MarketBeat.com's FREE daily email newsletter.