Short Interest in Amplify Travel Tech ETF (NYSEARCA:AWAY) Declines By 83.5%

Amplify Travel Tech ETF (NYSEARCA:AWAY) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 13,711 shares, a decline of 83.5% from the August 15th total of 83,255 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average trading volume of 7,927 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of Amplify Travel Tech ETF

Large investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in Amplify Travel Tech ETF in the 4th quarter valued at about $847,000. Flow Traders U.S. LLC grew its stake in 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 valued at $848,000 after acquiring an additional 25,120 shares during the period. Citadel Advisors LLC acquired a new stake in Amplify Travel Tech ETF in the third quarter valued at approximately $204,000. Finally, Parallel Advisors LLC increased its holdings in shares of Amplify Travel Tech ETF by 67.4% during the first quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock valued at $26,000 after acquiring an additional 650 shares in the last quarter.

Amplify Travel Tech ETF Trading Up 0.5%

NYSEARCA AWAY traded up $0.08 on Friday, hitting $17.76. 3,474 shares of the company were exchanged, compared to its average volume of 18,698. The company has a market cap of $23.98 million, a PE ratio of 296.10 and a beta of 0.90. The stock has a fifty day moving average of $19.18 and a 200-day moving average of $17.80. Amplify Travel Tech ETF has a 12 month low of $15.50 and a 12 month high of $23.24.

About Amplify Travel Tech ETF

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.