Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Short Interest Down 52.8% in December

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 955 shares, a drop of 52.8% from the November 30th total of 2,022 shares. Based on an average trading volume of 5,151 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,151 shares, the short-interest ratio is presently 0.2 days.

Amplify BlueStar Israel Technology ETF Stock Performance

NYSEARCA ITEQ traded down $0.42 on Friday, hitting $59.07. 2,926 shares of the stock were exchanged, compared to its average volume of 7,774. The firm has a market capitalization of $103.37 million, a P/E ratio of 29.66 and a beta of 1.00. Amplify BlueStar Israel Technology ETF has a 52-week low of $42.92 and a 52-week high of $60.05. The stock has a fifty day moving average price of $57.38 and a two-hundred day moving average price of $56.41.

Institutional Investors Weigh In On Amplify BlueStar Israel Technology ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Legacy Wealth Managment LLC ID bought a new position in Amplify BlueStar Israel Technology ETF in the 2nd quarter valued at $54,000. Raymond James Financial Inc. bought a new position in Amplify BlueStar Israel Technology ETF in the second quarter worth approximately $133,000. Family Management Corp purchased a new position in Amplify BlueStar Israel Technology ETF during the 3rd quarter worth $205,000. Ausdal Financial Partners Inc. bought a new stake in Amplify BlueStar Israel Technology ETF during the 3rd quarter valued at $332,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Amplify BlueStar Israel Technology ETF in the 3rd quarter worth $1,385,000.

About Amplify BlueStar Israel Technology ETF

The BlueStar Israel Technology ETF (ITEQ) is an exchange-traded fund that is based on the BlueStar Israel Global Technology index. The fund tracks an index composed of Israeli technology companies listed globally. ITEQ was launched on Nov 2, 2015 and is managed by BlueStar.