Amplify Cybersecurity ETF (NYSEARCA:HACK) Short Interest Update

Amplify Cybersecurity ETF (NYSEARCA:HACK) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 104,306 shares, an increase of 87.2% from the May 31st total of 55,722 shares. Based on an average daily volume of 165,901 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are short sold.

Amplify Cybersecurity ETF Stock Performance

Shares of NYSEARCA HACK traded up $2.17 during midday trading on Wednesday, hitting $107.10. 229,504 shares of the stock traded hands, compared to its average volume of 131,620. The firm has a market capitalization of $2.66 billion, a P/E ratio of 35.67 and a beta of 0.86. Amplify Cybersecurity ETF has a one year low of $69.66 and a one year high of $108.37. The firm has a 50-day moving average of $92.19 and a two-hundred day moving average of $82.84.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC bought a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter valued at $27,000. Garner Asset Management Corp purchased a new position in Amplify Cybersecurity ETF during the fourth quarter valued at $28,000. Lodestone Wealth Management LLC bought a new stake in Amplify Cybersecurity ETF during the fourth quarter valued at about $32,000. Elevated Capital Advisors LLC purchased a new stake in Amplify Cybersecurity ETF in the fourth quarter worth about $34,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Amplify Cybersecurity ETF in the fourth quarter worth about $36,000.

About Amplify Cybersecurity ETF

The ETFMG Prime Cyber Security ETF (HACK) is an exchange-traded fund that is based on the Prime Cyber Defense index. The fund tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services.