Short Interest in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Declines By 34.7%

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 284,615 shares, a decrease of 34.7% from the June 30th total of 436,036 shares. Based on an average daily volume of 150,683 shares, the short-interest ratio is presently 1.9 days. Currently, 1.6% of the company’s stock are sold short.

Amplify Transformational Data Sharing ETF Trading Down 0.5%

NYSEARCA BLOK traded down $0.29 during mid-day trading on Friday, hitting $59.70. The company’s stock had a trading volume of 78,981 shares, compared to its average volume of 354,513. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 24.76 and a beta of 2.15. The company’s 50 day simple moving average is $63.23 and its 200 day simple moving average is $59.28. Amplify Transformational Data Sharing ETF has a twelve month low of $46.90 and a twelve month high of $75.89.

Institutional Investors Weigh In On Amplify Transformational Data Sharing ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CX Institutional grew its holdings in Amplify Transformational Data Sharing ETF by 0.5% during the 2nd quarter. CX Institutional now owns 39,527 shares of the company’s stock valued at $2,476,000 after buying an additional 216 shares in the last quarter. Manchester Capital Management LLC raised its holdings in shares of Amplify Transformational Data Sharing ETF by 13.8% during the 4th quarter. Manchester Capital Management LLC now owns 1,810 shares of the company’s stock worth $103,000 after acquiring an additional 220 shares in the last quarter. Freedom Financial Partners LLC boosted its position in shares of Amplify Transformational Data Sharing ETF by 2.4% during the 1st quarter. Freedom Financial Partners LLC now owns 9,970 shares of the company’s stock valued at $497,000 after acquiring an additional 230 shares during the last quarter. Western Wealth Management LLC boosted its position in shares of Amplify Transformational Data Sharing ETF by 1.0% during the 1st quarter. Western Wealth Management LLC now owns 25,298 shares of the company’s stock valued at $1,260,000 after acquiring an additional 248 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Amplify Transformational Data Sharing ETF by 88.3% in the fourth quarter. Signaturefd LLC now owns 565 shares of the company’s stock valued at $32,000 after purchasing an additional 265 shares in the last quarter.

Amplify Transformational Data Sharing ETF Company Profile

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.