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

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

Institutional Trading of Amplify Lithium & Battery Technology ETF

A number of large investors have recently made changes to their positions in the stock. Harbor Asset Planning Inc. increased its position in 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 purchasing an additional 876 shares in the last quarter. Beacon Pointe Advisors LLC lifted its holdings in Amplify Lithium & Battery Technology ETF by 8.2% in the 4th quarter. Beacon Pointe Advisors LLC now owns 12,839 shares of the company’s stock valued at $177,000 after purchasing an additional 968 shares in the last quarter. Baron Financial Group LLC boosted its stake in shares of Amplify Lithium & Battery Technology ETF by 8.1% during the 2nd quarter. Baron Financial Group LLC now owns 13,925 shares of the company’s stock worth $214,000 after purchasing an additional 1,045 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of Amplify Lithium & Battery Technology ETF by 16.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,158 shares of the company’s stock worth $104,000 after purchasing an additional 1,565 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Amplify Lithium & Battery Technology ETF during the fourth quarter worth about $34,000.

Amplify Lithium & Battery Technology ETF Price Performance

NYSEARCA:BATT traded down $0.09 during trading hours on Friday, reaching $14.34. 36,107 shares of the company traded hands, compared to its average volume of 78,961. The firm’s 50-day moving average is $15.52 and its 200-day moving average is $15.66. The stock has a market cap of $115.44 million, a P/E 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.

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.