Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Short Interest Update

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 381 shares, a decrease of 54.9% from the November 30th total of 845 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,577 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 2,577 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Amplify Bloomberg AI Value Chain ETF Stock Up 0.3%

Shares of NYSEARCA:AIVC traded up $0.19 on Friday, reaching $68.61. The company had a trading volume of 1,525 shares, compared to its average volume of 1,858. The stock has a market capitalization of $34.31 million, a P/E ratio of 21.80 and a beta of 1.07. The stock has a 50-day moving average price of $68.03 and a 200 day moving average price of $61.12. Amplify Bloomberg AI Value Chain ETF has a twelve month low of $35.69 and a twelve month high of $72.79.

Hedge Funds Weigh In On Amplify Bloomberg AI Value Chain ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in shares of Amplify Bloomberg AI Value Chain ETF during the 1st quarter worth $635,000. Flow Traders U.S. LLC bought a new stake in Amplify Bloomberg AI Value Chain ETF during the third quarter valued at about $650,000. Prime Capital Investment Advisors LLC bought a new stake in Amplify Bloomberg AI Value Chain ETF during the third quarter valued at about $206,000. Raymond James Financial Inc. acquired a new stake in shares of Amplify Bloomberg AI Value Chain ETF in the second quarter valued at about $64,000. Finally, Osaic Holdings Inc. increased its stake in shares of Amplify Bloomberg AI Value Chain ETF by 177.2% in the second quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock worth $75,000 after purchasing an additional 900 shares during the period.

About Amplify Bloomberg AI Value Chain ETF

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.