Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sees Significant Decrease in Short Interest

by · The Markets Daily

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK – Get Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 284,615 shares, a decrease of 34.7% from the June 30th total of 436,036 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average trading volume of 150,683 shares, the short-interest ratio is presently 1.9 days.

Amplify Transformational Data Sharing ETF Trading Down 1.2%

NYSEARCA:BLOK traded down $0.73 during midday trading on Friday, hitting $59.26. 97,918 shares of the stock were exchanged, compared to its average volume of 354,682. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 24.76 and a beta of 2.15. Amplify Transformational Data Sharing ETF has a one year low of $46.90 and a one year high of $75.89. The business has a 50-day moving average price of $63.13 and a two-hundred day moving average price of $59.28.

Institutional Trading of Amplify Transformational Data Sharing ETF

Several institutional investors have recently modified their holdings of the company. Group One Trading LLC acquired a new position in shares of Amplify Transformational Data Sharing ETF in the 1st quarter valued at about $28,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Amplify Transformational Data Sharing ETF during the 1st quarter valued at $31,000. Signaturefd LLC increased its stake in shares of Amplify Transformational Data Sharing ETF by 88.3% in the fourth quarter. Signaturefd LLC now owns 565 shares of the company’s stock worth $32,000 after acquiring an additional 265 shares during the last quarter. Sound Income Strategies LLC increased its stake in shares of Amplify Transformational Data Sharing ETF by 67.6% in the fourth quarter. Sound Income Strategies LLC now owns 813 shares of the company’s stock worth $46,000 after acquiring an additional 328 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Amplify Transformational Data Sharing ETF by 1,572.7% during the third quarter. NewEdge Advisors LLC now owns 920 shares of the company’s stock worth $62,000 after acquiring an additional 865 shares in the last quarter.

About Amplify Transformational Data Sharing ETF

(Get Free Report)

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio mainly consisting of global equities focusing on blockchain technology. BLOK was launched on Jan 16, 2018 and is managed by Amplify.

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