Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Short Interest Up 92.4% in June

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 436,036 shares, an increase of 92.4% from the June 15th total of 226,673 shares. Currently, 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 203,280 shares, the short-interest ratio is currently 2.1 days.

Institutional Trading of Amplify Transformational Data Sharing ETF

A number of hedge funds have recently made changes to their positions in the stock. Gradient Investments LLC increased its holdings in Amplify Transformational Data Sharing ETF by 14.7% in the fourth quarter. Gradient Investments LLC now owns 489,567 shares of the company’s stock valued at $27,851,000 after buying an additional 62,622 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Amplify Transformational Data Sharing ETF by 18,704.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,263,162 shares of the company’s stock valued at $242,531,000 after buying an additional 4,240,491 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC bought a new position in Amplify Transformational Data Sharing ETF during the 4th quarter worth approximately $586,000. WCG Wealth Advisors LLC bought a new position in Amplify Transformational Data Sharing ETF during the 4th quarter worth approximately $780,000. Finally, IFP Advisors Inc grew its position in shares of Amplify Transformational Data Sharing ETF by 69.4% in the 3rd quarter. IFP Advisors Inc now owns 24,632 shares of the company’s stock worth $1,651,000 after acquiring an additional 10,094 shares in the last quarter.

Amplify Transformational Data Sharing ETF Stock Performance

Shares of NYSEARCA BLOK traded down $2.32 during midday trading on Thursday, reaching $59.64. 236,609 shares of the company’s stock were exchanged, compared to its average volume of 367,504. The stock has a market capitalization of $1.10 billion, a PE ratio of 24.76 and a beta of 2.15. Amplify Transformational Data Sharing ETF has a 52-week low of $46.90 and a 52-week high of $75.89. The business’s fifty day moving average price is $63.95 and its two-hundred day moving average price is $59.24.

Amplify Transformational Data Sharing ETF Company Profile

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio mainly consisting of global equities focusing on blockchain technology. BLOK was launched on Jan 16, 2018 and is managed by Amplify.