Amplify Travel Tech ETF (NYSEARCA:AWAY) Stock Short Interest Falls 45.4%

Amplify Travel Tech ETF (NYSEARCA:AWAY) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 14,751 shares, a decline of 45.4% from the September 15th total of 27,037 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,756 shares, the days-to-cover ratio is presently 1.9 days.

Amplify Travel Tech ETF Stock Performance

Shares of NYSEARCA AWAY traded up $0.02 during trading hours on Friday, hitting $17.13. 9,629 shares of the stock were exchanged, compared to its average volume of 17,124. The company’s fifty day simple moving average is $18.30 and its two-hundred day simple moving average is $17.89. The company has a market cap of $23.13 million, a PE ratio of 285.50 and a beta of 0.97. Amplify Travel Tech ETF has a 1-year low of $15.50 and a 1-year high of $22.00.

Institutional Investors Weigh In On Amplify Travel Tech ETF

An institutional investor recently raised its stake in Amplify Travel Tech ETF stock. Parallel Advisors LLC lifted its holdings in shares of Amplify Travel Tech ETF (NYSEARCA:AWAY) by 67.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,614 shares of the company’s stock after buying an additional 650 shares during the period. Parallel Advisors LLC owned about 0.11% of Amplify Travel Tech ETF worth $26,000 as of its most recent filing with the SEC.

About Amplify Travel Tech ETF

The ETFMG Travel Tech ETF (AWAY) is an exchange-traded fund that is based on the Prime Travel Technology index. The fund tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity. AWAY was launched on Feb 12, 2020 and is managed by ETF Managers Group.