Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sees Significant Increase in Short Interest

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 801,606 shares, a growth of 21.8% from the January 15th total of 658,146 shares. Based on an average trading volume of 626,821 shares, the short-interest ratio is presently 1.3 days. Approximately 3.9% of the shares of the stock are short sold. Approximately 3.9% of the shares of the stock are short sold. Based on an average trading volume of 626,821 shares, the short-interest ratio is presently 1.3 days.

Amplify Transformational Data Sharing ETF Price Performance

Shares of BLOK opened at $53.53 on Thursday. The company has a market capitalization of $1.11 billion, a P/E ratio of 24.76 and a beta of 2.10. Amplify Transformational Data Sharing ETF has a one year low of $31.32 and a one year high of $75.89. The business’s 50 day simple moving average is $59.38 and its 200-day simple moving average is $62.27.

Institutional Trading of Amplify Transformational Data Sharing ETF

Several large investors have recently made changes to their positions in BLOK. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Amplify Transformational Data Sharing ETF by 18,704.5% in 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 during the last quarter. Concurrent Investment Advisors LLC increased its position in Amplify Transformational Data Sharing ETF by 172.2% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 585,440 shares of the company’s stock valued at $39,248,000 after acquiring an additional 370,333 shares in the last quarter. Morgan Stanley lifted its position in shares of Amplify Transformational Data Sharing ETF by 14.0% during the fourth quarter. Morgan Stanley now owns 1,559,411 shares of the company’s stock worth $88,715,000 after purchasing an additional 191,238 shares in the last quarter. Carter Financial Group INC. bought a new stake in shares of Amplify Transformational Data Sharing ETF during the second quarter valued at approximately $7,662,000. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF during the third quarter valued at approximately $5,989,000.

About Amplify Transformational Data Sharing ETF

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.