Amplify Travel Tech ETF (NYSEARCA:AWAY) Short Interest Down 68.9% in June

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 14,146 shares, a decrease of 68.9% from the May 31st total of 45,446 shares. Based on an average daily volume of 12,737 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On Amplify Travel Tech ETF

Several large investors have recently bought and sold shares of AWAY. Jane Street Group LLC bought a new stake in shares of Amplify Travel Tech ETF during the 4th quarter valued at $847,000. Flow Traders U.S. LLC lifted 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 buying an additional 25,120 shares during the period. Citadel Advisors LLC bought a new position in Amplify Travel Tech ETF during the third quarter worth about $204,000. Finally, Parallel Advisors LLC grew its position in shares of Amplify Travel Tech ETF by 67.4% during the 1st quarter. Parallel Advisors LLC now owns 1,614 shares of the company’s stock worth $26,000 after buying an additional 650 shares during the period.

Amplify Travel Tech ETF Stock Up 1.2%

NYSEARCA:AWAY traded up $0.21 during trading hours on Friday, hitting $17.95. 2,841 shares of the stock were exchanged, compared to its average volume of 7,769. The company’s 50 day moving average is $17.37 and its two-hundred day moving average is $18.11. The company has a market capitalization of $26.93 million, a P/E ratio of 299.17 and a beta of 0.91. Amplify Travel Tech ETF has a twelve month low of $15.50 and a twelve month high of $23.24.

Amplify Travel Tech ETF Company Profile

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.