Amplify Online Retail ETF (NYSEARCA:IBUY) Stock Short Interest Report for September

Amplify Online Retail ETF (NYSEARCA:IBUY) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 22,256 shares, a decrease of 35.0% from the September 15th total of 34,251 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 8,294 shares, the days-to-cover ratio is currently 2.7 days.

Institutional Investors Weigh In On Amplify Online Retail ETF

Several large investors have recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC raised its holdings in Amplify Online Retail ETF by 95.7% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 5,508 shares of the company’s stock worth $344,000 after purchasing an additional 2,694 shares in the last quarter. Ameritas Advisory Services LLC increased its position in Amplify Online Retail ETF by 46.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 16,614 shares of the company’s stock worth $1,148,000 after purchasing an additional 5,258 shares during the period. Moran Wealth Management LLC increased its position in Amplify Online Retail ETF by 41.6% during 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 during the period. Finally, Avior Wealth Management LLC purchased a new position in shares of Amplify Online Retail ETF during the 3rd quarter worth approximately $4,258,000.

Amplify Online Retail ETF Stock Down 1.5%

NYSEARCA:IBUY traded down $1.05 during mid-day trading on Friday, reaching $70.41. 3,611 shares of the stock were exchanged, compared to its average volume of 14,601. The company has a 50 day simple moving average of $70.08 and a 200-day simple moving average of $68.69. The stock has a market capitalization of $126.74 million, a P/E ratio of 23.29 and a beta of 1.48. Amplify Online Retail ETF has a 1 year low of $58.08 and a 1 year high of $77.24.

About Amplify Online Retail ETF

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.