Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 7,664 shares, an increase of 81.9% from the September 30th total of 4,214 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 39,356 shares, the short-interest ratio is currently 0.2 days.
Institutional Investors Weigh In On Amplify Lithium & Battery Technology ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in BATT. Commonwealth Equity Services LLC purchased a new position in Amplify Lithium & Battery Technology ETF during the third quarter valued at approximately $217,000. Baron Financial Group LLC increased its holdings in Amplify Lithium & Battery Technology ETF by 18.1% in the third quarter. Baron Financial Group LLC now owns 16,450 shares of the company’s stock valued at $235,000 after buying an additional 2,525 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Amplify Lithium & Battery Technology ETF by 65.1% in the first quarter. Cetera Investment Advisers now owns 65,604 shares of the company’s stock worth $977,000 after acquiring an additional 25,870 shares during the period.
Amplify Lithium & Battery Technology ETF Stock Up 0.6%
Shares of Amplify Lithium & Battery Technology ETF stock opened at $12.73 on Tuesday. The company has a 50 day moving average price of $14.51 and a 200 day moving average price of $15.35. The firm has a market capitalization of $96.11 million, a P/E ratio of 20.17 and a beta of 1.17. Amplify Lithium & Battery Technology ETF has a 52 week low of $12.25 and a 52 week high of $18.08.
Amplify Lithium & Battery Technology ETF Company Profile
The Amplify Lithium & Battery Technology ETF (BATT) is an exchange-traded fund that is based on the EQM Lithium and Battery Technology index, a market-cap-weighted index that invests in global advanced battery material companies such as those that mine or produce lithium, cobalt, nickel, manganese, and graphite. BATT was launched on Jun 6, 2018 and is managed by Amplify.
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