Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) Sees Large Increase in Short Interest

Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 20,835 shares, a growth of 129.6% from the September 30th total of 9,074 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 5,280 shares, the short-interest ratio is currently 3.9 days.

Institutional Trading of Amplify BlackSwan Growth & Treasury Core ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SWAN. Oppenheimer & Co. Inc. purchased a new position in Amplify BlackSwan Growth & Treasury Core ETF in the third quarter valued at about $283,000. Global View Capital Management LLC raised its position in shares of Amplify BlackSwan Growth & Treasury Core ETF by 7.4% in the 3rd quarter. Global View Capital Management LLC now owns 48,650 shares of the company’s stock valued at $1,551,000 after purchasing an additional 3,369 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Amplify BlackSwan Growth & Treasury Core ETF by 1.0% in the 1st quarter. NewEdge Advisors LLC now owns 197,510 shares of the company’s stock valued at $6,135,000 after purchasing an additional 1,928 shares in the last quarter.

Amplify BlackSwan Growth & Treasury Core ETF Trading Down 1.1%

Shares of NYSEARCA SWAN traded down $0.36 during trading on Friday, reaching $32.22. 2,505 shares of the stock were exchanged, compared to its average volume of 31,435. The business’s 50-day moving average price is $32.63 and its 200 day moving average price is $32.76. Amplify BlackSwan Growth & Treasury Core ETF has a twelve month low of $30.45 and a twelve month high of $34.21.

Amplify BlackSwan Growth & Treasury Core ETF Company Profile

The Amplify BlackSwan Growth & Treasury Core ETF (SWAN) is an exchange-traded fund that is based on the S-Network BlackSwan Core index. The fund tracks an index of long-dated options on an S&P 500 ETF (SPY) and US Treasurys averaging 10-year maturity. SWAN was launched on Nov 6, 2018 and is managed by Amplify.