Amplify Video Game Leaders ETF (NYSEARCA:GAMR) Short Interest Down 45.8% in January

Amplify Video Game Leaders ETF (NYSEARCA:GAMR) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 244 shares, a decline of 45.8% from the January 15th total of 450 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 866 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 866 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Amplify Video Game Leaders ETF Stock Performance

NYSEARCA GAMR traded down $0.77 during trading hours on Friday, hitting $79.03. 1,274 shares of the company traded hands, compared to its average volume of 1,002. The business’s 50-day moving average is $88.79 and its 200-day moving average is $92.69. Amplify Video Game Leaders ETF has a twelve month low of $56.93 and a twelve month high of $103.93. The stock has a market capitalization of $37.14 million, a price-to-earnings ratio of -219.53 and a beta of 1.05.

Amplify Video Game Leaders 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 issued a $0.471 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, December 30th. Amplify Video Game Leaders ETF’s dividend payout ratio is presently -130.56%.

Hedge Funds Weigh In On Amplify Video Game Leaders ETF

A number of institutional investors have recently added to or reduced their stakes in GAMR. Flow Traders U.S. LLC raised its position in Amplify Video Game Leaders ETF by 10.9% during the second quarter. Flow Traders U.S. LLC now owns 15,622 shares of the company’s stock worth $1,329,000 after acquiring an additional 1,531 shares in the last quarter. Susquehanna International Group LLP increased its stake in shares of Amplify Video Game Leaders ETF by 21.4% during the 3rd quarter. Susquehanna International Group LLP now owns 14,172 shares of the company’s stock worth $1,370,000 after purchasing an additional 2,497 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Amplify Video Game Leaders ETF in the 3rd quarter valued at about $880,000. Kestra Advisory Services LLC bought a new stake in shares of Amplify Video Game Leaders ETF in the 4th quarter valued at about $32,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in Amplify Video Game Leaders ETF in the 2nd quarter valued at about $25,000.

Amplify Video Game Leaders ETF Company Profile

The Wedbush ETFMG Video Game Tech ETF (GAMR) is an exchange-traded fund that is based on the ISE EEFund Video Game Tech index. The fund tracks an equity index of global firms that support, create or use video games. Stocks are assigned to pure-play, non-pure-play or conglomerate baskets, and weighted equally within each. GAMR was launched on Mar 8, 2016 and is managed by ETF Managers Group.