Amplify Online Retail ETF (NYSEARCA:IBUY) Sees Large Growth in Short Interest

Amplify Online Retail ETF (NYSEARCA:IBUY) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 96,503 shares, an increase of 3,775.6% from the January 29th total of 2,490 shares. Based on an average daily volume of 35,043 shares, the days-to-cover ratio is currently 2.8 days. Approximately 4.9% of the shares of the stock are sold short. Approximately 4.9% of the shares of the stock are sold short. Based on an average daily volume of 35,043 shares, the days-to-cover ratio is currently 2.8 days.

Hedge Funds Weigh In On Amplify Online Retail ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. FFG Partners LLC acquired a new stake in shares of Amplify Online Retail ETF during the 3rd quarter worth approximately $559,000. Natural Investments LLC purchased a new position in Amplify Online Retail ETF in the third quarter worth approximately $2,871,000. Moran Wealth Management LLC increased its stake in Amplify Online Retail ETF by 80.2% during the third quarter. Moran Wealth Management LLC now owns 15,439 shares of the company’s stock worth $1,176,000 after acquiring an additional 6,872 shares during the last quarter. Florin Court Capital LLP raised its position in Amplify Online Retail ETF by 66.7% in the second quarter. Florin Court Capital LLP now owns 8,842 shares of the company’s stock valued at $610,000 after purchasing an additional 3,538 shares during the period. Finally, Carter Financial Group INC. acquired a new position in shares of Amplify Online Retail ETF in the 2nd quarter valued at $451,000.

Amplify Online Retail ETF Stock Up 0.5%

Shares of NYSEARCA:IBUY opened at $64.46 on Thursday. Amplify Online Retail ETF has a 52-week low of $51.60 and a 52-week high of $79.05. The stock has a market cap of $125.70 million, a P/E ratio of 23.29 and a beta of 1.52. The business has a fifty day moving average of $71.96 and a two-hundred day moving average of $73.44.

Amplify Online Retail ETF Company Profile

The Amplify Online Retail ETF (IBUY) is an exchange-traded fund that is based on the EQM Online Retail index. The fund tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within two geographic buckets. IBUY was launched on Apr 20, 2016 and is managed by Amplify.