Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Sees Large Growth in Short Interest

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 68,227 shares, a growth of 790.2% from the October 15th total of 7,664 shares. Based on an average daily trading volume, of 47,182 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.0% of the shares of the company are sold short.

Amplify Lithium & Battery Technology ETF Trading Down 2.2%

NYSEARCA BATT opened at $12.57 on Friday. The company has a market cap of $89.25 million, a P/E ratio of 16.95 and a beta of 1.14. The company has a fifty day simple moving average of $14.00 and a 200 day simple moving average of $15.25. Amplify Lithium & Battery Technology ETF has a 1 year low of $12.25 and a 1 year high of $18.08.

Hedge Funds Weigh In On Amplify Lithium & Battery Technology ETF

Large investors have recently bought and sold shares of the stock. Global Retirement Partners LLC acquired a new stake in Amplify Lithium & Battery Technology ETF in the 3rd quarter worth $100,000. Silver Oak Securities Incorporated bought a new stake in shares of Amplify Lithium & Battery Technology ETF in the third quarter valued at about $163,000. StoneX Group Inc. acquired a new stake in Amplify Lithium & Battery Technology ETF during the third quarter worth about $212,000. Baron Financial Group LLC grew its position in Amplify Lithium & Battery Technology ETF by 8.1% during the second quarter. Baron Financial Group LLC now owns 13,925 shares of the company’s stock worth $214,000 after buying an additional 1,045 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in Amplify Lithium & Battery Technology ETF during the third quarter worth about $217,000.

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.