Amplify Travel Tech ETF (NYSEARCA:AWAY) Sees Large Growth in Short Interest

Amplify Travel Tech ETF (NYSEARCA:AWAY) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 13,504 shares, an increase of 305.3% from the November 30th total of 3,332 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 24,808 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 24,808 shares, the short-interest ratio is currently 0.5 days. Approximately 0.8% of the shares of the company are short sold.

Amplify Travel Tech ETF Price Performance

Shares of AWAY opened at $20.82 on Friday. Amplify Travel Tech ETF has a 12 month low of $16.90 and a 12 month high of $23.24. The stock has a fifty day moving average price of $21.00 and a 200 day moving average price of $21.58. The company has a market cap of $37.48 million, a P/E ratio of 347.00 and a beta of 1.16.

Institutional Trading of Amplify Travel Tech ETF

Several hedge funds have recently bought and sold shares of the company. Simplex Trading LLC increased its stake in shares of Amplify Travel Tech ETF by 120.5% in the second quarter. Simplex Trading LLC now owns 2,536 shares of the company’s stock valued at $54,000 after purchasing an additional 1,386 shares during the period. Citadel Advisors LLC bought a new position in Amplify Travel Tech ETF in the 3rd quarter worth approximately $204,000. Finally, Flow Traders U.S. LLC acquired a new stake in Amplify Travel Tech ETF in the 2nd quarter valued at approximately $279,000.

Amplify Travel Tech ETF Company Profile

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.