Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Stock Short Interest Jumps 81.9%

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 7,664 shares, an increase of 81.9% from the September 30th total of 4,214 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 39,356 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Amplify Lithium & Battery Technology ETF

An institutional investor recently raised its stake in Amplify Lithium & Battery Technology ETF stock. Baron Financial Group LLC lifted its position in Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) by 8.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,925 shares of the company’s stock after purchasing an additional 1,045 shares during the quarter. Baron Financial Group LLC owned 0.17% of Amplify Lithium & Battery Technology ETF worth $214,000 at the end of the most recent quarter.

Amplify Lithium & Battery Technology ETF Stock Performance

NYSEARCA:BATT traded down $0.44 during trading on Friday, reaching $12.65. The company’s stock had a trading volume of 34,714 shares, compared to its average volume of 66,607. Amplify Lithium & Battery Technology ETF has a 12 month low of $12.25 and a 12 month high of $18.08. The firm has a 50 day moving average of $14.57 and a 200-day moving average of $15.36. The firm has a market cap of $95.51 million, a price-to-earnings ratio of 20.17 and a beta of 1.17.

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.