Amplify Digital Payments ETF (NYSEARCA:IPAY) Short Interest Up 459.8% in January

Amplify Digital Payments ETF (NYSEARCA:IPAY) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 207,364 shares, a growth of 459.8% from the January 15th total of 37,045 shares. Based on an average trading volume of 57,980 shares, the short-interest ratio is currently 3.6 days. Currently, 5.1% of the company’s stock are sold short. Currently, 5.1% of the company’s stock are sold short. Based on an average trading volume of 57,980 shares, the short-interest ratio is currently 3.6 days.

Amplify Digital Payments ETF Trading Up 1.1%

Shares of IPAY stock opened at $47.83 on Wednesday. The stock has a market capitalization of $193.71 million, a P/E ratio of 22.03 and a beta of 1.37. Amplify Digital Payments ETF has a 12-month low of $44.83 and a 12-month high of $62.05. The firm’s 50 day moving average is $51.37 and its 200 day moving average is $54.76.

Amplify Digital Payments ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.4108 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On Amplify Digital Payments ETF

Institutional investors have recently bought and sold shares of the business. Sava Penzisko Drushtvo A.D. Skopje purchased a new position in shares of Amplify Digital Payments ETF in the third quarter valued at $8,769,000. Prudential PLC raised its stake in Amplify Digital Payments ETF by 226.9% during the second quarter. Prudential PLC now owns 72,610 shares of the company’s stock valued at $4,351,000 after purchasing an additional 50,400 shares in the last quarter. Biltmore Family Office LLC lifted its position in Amplify Digital Payments ETF by 3.3% during the third quarter. Biltmore Family Office LLC now owns 49,975 shares of the company’s stock valued at $2,854,000 after purchasing an additional 1,615 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of Amplify Digital Payments ETF by 41.3% in the 2nd quarter. Flow Traders U.S. LLC now owns 29,675 shares of the company’s stock worth $1,778,000 after buying an additional 8,668 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Amplify Digital Payments ETF by 88.6% in the 2nd quarter. Jane Street Group LLC now owns 21,500 shares of the company’s stock worth $1,288,000 after buying an additional 10,101 shares in the last quarter.

About Amplify Digital Payments ETF

The ETFMG Prime Mobile Payments ETF (IPAY) is an exchange-traded fund that is based on the Prime Mobile Payments index. The fund tracks an index of global equity in credit card firms, and companies providing payment infrastructure, payment services, payment processing and payment solutions. IPAY was launched on Jul 15, 2015 and is managed by ETF Managers Group.