Amplify Online Retail ETF (NYSEARCA:IBUY) Short Interest Update
by Sarita Garza · The Markets DailyAmplify Online Retail ETF (NYSEARCA:IBUY – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 32,108 shares, an increase of 97.2% from the July 15th total of 16,286 shares. Based on an average daily trading volume, of 9,756 shares, the short-interest ratio is currently 3.3 days. Approximately 2.1% of the company’s shares are sold short.
Amplify Online Retail ETF Price Performance
IBUY traded down $0.06 on Friday, hitting $73.54. The company had a trading volume of 5,144 shares, compared to its average volume of 15,705. The stock has a fifty day simple moving average of $70.38 and a 200-day simple moving average of $67.49. The firm has a market capitalization of $110.31 million, a P/E ratio of 23.29 and a beta of 1.45. Amplify Online Retail ETF has a 52-week low of $58.08 and a 52-week high of $79.05.
Institutional Trading of Amplify Online Retail ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Susquehanna International Group LLP purchased a new position in Amplify Online Retail ETF during the 3rd quarter valued at about $3,473,000. Ameriprise Financial Inc. increased its stake in shares of Amplify Online Retail ETF by 19.9% during the third quarter. Ameriprise Financial Inc. now owns 41,833 shares of the company’s stock valued at $3,187,000 after purchasing an additional 6,947 shares in the last quarter. Moran Wealth Management LLC boosted its stake in Amplify Online Retail ETF by 41.6% in the 1st quarter. Moran Wealth Management LLC now owns 34,604 shares of the company’s stock worth $2,163,000 after purchasing an additional 10,167 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Amplify Online Retail ETF by 8.1% during 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 during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Amplify Online Retail ETF during the 4th quarter valued at about $833,000.
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.