Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Short Interest Down 34.4% in July

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 117,173 shares, a drop of 34.4% from the June 30th total of 178,583 shares. Based on an average trading volume of 47,815 shares, the short-interest ratio is currently 2.5 days. Currently, 1.5% of the shares of the company are short sold.

Amplify Lithium & Battery Technology ETF Trading Down 1.6%

Shares of Amplify Lithium & Battery Technology ETF stock traded down $0.23 during trading on Friday, hitting $14.20. 1,792 shares of the stock were exchanged, compared to its average volume of 78,719. The company has a fifty day moving average price of $15.56 and a 200-day moving average price of $15.67. The stock has a market capitalization of $114.31 million, a price-to-earnings ratio of 20.17 and a beta of 1.12. Amplify Lithium & Battery Technology ETF has a 1-year low of $9.67 and a 1-year high of $18.08.

Hedge Funds Weigh In On Amplify Lithium & Battery Technology ETF

A number of institutional investors have recently bought and sold shares of BATT. Baron Financial Group LLC lifted its position in shares of 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 valued at $214,000 after buying an additional 1,045 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Amplify Lithium & Battery Technology ETF by 65.1% during the 1st quarter. Cetera Investment Advisers now owns 65,604 shares of the company’s stock worth $977,000 after acquiring an additional 25,870 shares during the period. Harbor Asset Planning Inc. increased its holdings in shares of Amplify Lithium & Battery Technology ETF by 71.0% during the 1st quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock worth $31,000 after acquiring an additional 876 shares during the last quarter. Beacon Pointe Advisors LLC increased its holdings in shares of Amplify Lithium & Battery Technology ETF by 8.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 12,839 shares of the company’s stock worth $177,000 after acquiring an additional 968 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in Amplify Lithium & Battery Technology ETF by 23.0% in the 4th quarter. Osaic Holdings Inc. now owns 19,117 shares of the company’s stock valued at $264,000 after acquiring an additional 3,579 shares during the period.

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.