Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Short Interest Down 41.9% in August

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 12,298 shares, a decrease of 41.9% from the August 15th total of 21,166 shares. Based on an average trading volume of 28,164 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Amplify Lithium & Battery Technology ETF Trading Up 2.3%

Amplify Lithium & Battery Technology ETF stock opened at $14.78 on Friday. Amplify Lithium & Battery Technology ETF has a 12-month low of $11.95 and a 12-month high of $18.08. The stock has a market cap of $118.23 million, a P/E ratio of 20.17 and a beta of 1.14. The company has a 50-day moving average price of $15.05 and a 200 day moving average price of $15.63.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Baron Financial Group LLC lifted its stake in Amplify Lithium & Battery Technology ETF by 8.1% in the second quarter. Baron Financial Group LLC now owns 13,925 shares of the company’s stock worth $214,000 after acquiring an additional 1,045 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Amplify Lithium & Battery Technology ETF by 65.1% in the 1st quarter. Cetera Investment Advisers now owns 65,604 shares of the company’s stock valued at $977,000 after purchasing an additional 25,870 shares during the last quarter. Harbor Asset Planning Inc. raised its holdings in shares of Amplify Lithium & Battery Technology ETF by 71.0% in the 1st quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock valued at $31,000 after purchasing an additional 876 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of Amplify Lithium & Battery Technology ETF in the 4th quarter valued at $35,000. Finally, Great Diamond Partners LLC purchased a new stake in shares of Amplify Lithium & Battery Technology ETF during the 4th quarter worth $248,000.

Amplify Lithium & Battery Technology ETF Company Profile

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.