Amplify Cybersecurity ETF (NYSEARCA:HACK) Shares Shorted: Short Interest Down 82.5% in September

Amplify Cybersecurity ETF (NYSEARCA:HACK) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 182,896 shares, a decrease of 82.5% from the September 15th total of 1,044,540 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 349,322 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Amplify Cybersecurity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its holdings in shares of Amplify Cybersecurity ETF by 38.4% in the 1st quarter. Cetera Investment Advisers now owns 207,321 shares of the company’s stock valued at $15,568,000 after purchasing an additional 57,471 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Amplify Cybersecurity ETF by 7.7% in the 1st quarter. Bank of America Corp DE now owns 180,181 shares of the company’s stock valued at $13,530,000 after purchasing an additional 12,947 shares during the period. D.A. Davidson & CO. boosted its position in shares of Amplify Cybersecurity ETF by 44.8% in the 1st quarter. D.A. Davidson & CO. now owns 73,286 shares of the company’s stock valued at $5,503,000 after purchasing an additional 22,665 shares during the period. Thoma Capital Management LLC grew its stake in Amplify Cybersecurity ETF by 5.4% during the 1st quarter. Thoma Capital Management LLC now owns 68,835 shares of the company’s stock worth $5,169,000 after buying an additional 3,544 shares during the last quarter. Finally, Artesa Financial Group LLC grew its stake in Amplify Cybersecurity ETF by 1.8% during the 1st quarter. Artesa Financial Group LLC now owns 56,095 shares of the company’s stock worth $4,212,000 after buying an additional 986 shares during the last quarter.

Amplify Cybersecurity ETF Stock Performance

NYSEARCA HACK traded down $3.52 during trading on Monday, reaching $127.24. 517,716 shares of the company’s stock were exchanged, compared to its average volume of 191,989. The stock has a market cap of $3.54 billion, a P/E ratio of 35.67 and a beta of 0.84. The company has a 50 day moving average price of $117.00 and a two-hundred day moving average price of $101.11. Amplify Cybersecurity ETF has a 1 year low of $69.66 and a 1 year high of $131.71.

Amplify Cybersecurity ETF Company Profile

The ETFMG Prime Cyber Security ETF (HACK) is an exchange-traded fund that is based on the Prime Cyber Defense index. The fund tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services.