Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Short Interest Update

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 123,820 shares, a drop of 47.1% from the January 29th total of 233,868 shares. Based on an average daily trading volume, of 64,732 shares, the short-interest ratio is presently 1.9 days. Currently, 1.7% of the company’s shares are sold short. Currently, 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 64,732 shares, the short-interest ratio is presently 1.9 days.

Hedge Funds Weigh In On Amplify Lithium & Battery Technology ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in shares of Amplify Lithium & Battery Technology ETF in the 4th quarter valued at $34,000. Root Financial Partners LLC bought a new position in Amplify Lithium & Battery Technology ETF during the fourth quarter worth about $35,000. Simplex Trading LLC grew its stake in Amplify Lithium & Battery Technology ETF by 1,920.4% in the fourth quarter. Simplex Trading LLC now owns 3,273 shares of the company’s stock valued at $45,000 after acquiring an additional 3,111 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Amplify Lithium & Battery Technology ETF by 16.3% in the second quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock worth $104,000 after acquiring an additional 1,565 shares in the last quarter. Finally, Baron Financial Group LLC bought a new stake in shares of Amplify Lithium & Battery Technology ETF in the fourth quarter worth about $160,000.

Amplify Lithium & Battery Technology ETF Trading Up 0.3%

Shares of BATT stock traded up $0.05 on Friday, reaching $16.26. The company had a trading volume of 81,372 shares, compared to its average volume of 83,281. The stock has a market cap of $120.32 million, a PE ratio of 20.17 and a beta of 1.15. The company has a 50-day moving average of $15.14 and a 200-day moving average of $13.53. Amplify Lithium & Battery Technology ETF has a 12 month low of $6.78 and a 12 month high of $16.68.

About Amplify Lithium & Battery Technology ETF

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.