Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Short Interest Update

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 734,329 shares, a drop of 26.2% from the December 15th total of 995,390 shares. Based on an average trading volume of 212,949 shares, the days-to-cover ratio is presently 3.4 days. Currently, 3.8% of the company’s shares are sold short. Currently, 3.8% of the company’s shares are sold short. Based on an average trading volume of 212,949 shares, the days-to-cover ratio is presently 3.4 days.

Hedge Funds Weigh In On Amplify Transformational Data Sharing ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Concurrent Investment Advisors LLC raised its position in shares of Amplify Transformational Data Sharing ETF by 172.2% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 585,440 shares of the company’s stock worth $39,248,000 after buying an additional 370,333 shares during the period. Gradient Investments LLC increased its position in Amplify Transformational Data Sharing ETF by 14.7% during the 4th quarter. Gradient Investments LLC now owns 489,567 shares of the company’s stock worth $27,851,000 after purchasing an additional 62,622 shares in the last quarter. Royal Bank of Canada lifted its position in Amplify Transformational Data Sharing ETF by 24.2% during the first quarter. Royal Bank of Canada now owns 207,990 shares of the company’s stock valued at $7,671,000 after buying an additional 40,518 shares in the last quarter. HighTower Advisors LLC grew its stake in Amplify Transformational Data Sharing ETF by 14.0% during the third quarter. HighTower Advisors LLC now owns 152,048 shares of the company’s stock worth $10,193,000 after buying an additional 18,625 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Amplify Transformational Data Sharing ETF by 14.2% in the third quarter. Envestnet Asset Management Inc. now owns 150,481 shares of the company’s stock worth $10,088,000 after acquiring an additional 18,713 shares in the last quarter.

Amplify Transformational Data Sharing ETF Stock Up 2.4%

Shares of BLOK stock traded up $1.55 during mid-day trading on Friday, hitting $65.81. 1,767,327 shares of the company’s stock were exchanged, compared to its average volume of 486,109. The stock has a 50-day simple moving average of $60.65 and a two-hundred day simple moving average of $62.50. Amplify Transformational Data Sharing ETF has a fifty-two week low of $31.32 and a fifty-two week high of $75.89. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 24.76 and a beta of 2.10.

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.