Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Update

Amplify Online Retail ETF (NYSEARCA:IBUY) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 2,490 shares, an increase of 348.6% from the January 15th total of 555 shares. Based on an average daily trading volume, of 8,103 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 8,103 shares, the days-to-cover ratio is presently 0.3 days.

Amplify Online Retail ETF Price Performance

Shares of IBUY traded up $0.40 during mid-day trading on Friday, reaching $64.02. The stock had a trading volume of 13,957 shares, compared to its average volume of 16,221. The business’s fifty day moving average is $73.88 and its 200 day moving average is $73.84. Amplify Online Retail ETF has a 52-week low of $51.60 and a 52-week high of $79.05. The firm has a market cap of $124.83 million, a price-to-earnings ratio of 23.29 and a beta of 1.52.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Susquehanna International Group LLP purchased a new stake in Amplify Online Retail ETF in the third quarter valued at $3,473,000. Ameriprise Financial Inc. grew its position in Amplify Online Retail ETF by 19.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 41,833 shares of the company’s stock valued at $3,187,000 after acquiring an additional 6,947 shares in the last quarter. Natural Investments LLC purchased a new stake in Amplify Online Retail ETF during the 3rd quarter worth approximately $2,871,000. Moran Wealth Management LLC raised its stake in shares of Amplify Online Retail ETF by 58.3% in the fourth quarter. Moran Wealth Management LLC now owns 24,437 shares of the company’s stock valued at $1,819,000 after acquiring an additional 8,998 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Amplify Online Retail ETF by 8.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,286 shares of the company’s stock valued at $1,436,000 after purchasing an additional 1,439 shares in the last quarter.

Amplify Online Retail ETF Company Profile

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.