Short Interest in Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) Decreases By 41.9%

Amplify Lithium & Battery Technology ETF (NYSEARCA:BATT) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 12,298 shares, a decrease of 41.9% from the August 15th total of 21,166 shares. Based on an average daily trading volume, of 28,164 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Baron Financial Group LLC raised its position in shares of Amplify Lithium & Battery Technology ETF by 8.1% in 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. Cetera Investment Advisers increased its stake in Amplify Lithium & Battery Technology ETF by 65.1% in the 1st quarter. Cetera Investment Advisers now owns 65,604 shares of the company’s stock worth $977,000 after acquiring an additional 25,870 shares during the last quarter. Harbor Asset Planning Inc. increased its stake in Amplify Lithium & Battery Technology ETF by 71.0% in the 1st quarter. Harbor Asset Planning Inc. now owns 2,110 shares of the company’s stock worth $31,000 after acquiring an additional 876 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Amplify Lithium & Battery Technology ETF in the 4th quarter valued at about $35,000. Finally, Great Diamond Partners LLC purchased a new stake in shares of Amplify Lithium & Battery Technology ETF in the 4th quarter valued at about $248,000.

Amplify Lithium & Battery Technology ETF Trading Down 1.0%

Shares of BATT stock traded down $0.14 during trading hours on Wednesday, reaching $14.45. The stock had a trading volume of 22,963 shares, compared to its average volume of 71,305. The stock’s fifty day simple moving average is $15.04 and its 200 day simple moving average is $15.65. Amplify Lithium & Battery Technology ETF has a 12 month low of $11.91 and a 12 month high of $18.08. The firm has a market capitalization of $115.59 million, a PE ratio of 20.17 and a beta of 1.14.

About Amplify Lithium & Battery Technology ETF

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.