Short Interest in Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) Declines By 54.9%

Amplify Bloomberg AI Value Chain ETF (NYSEARCA:AIVC) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 381 shares, a decrease of 54.9% from the November 30th total of 845 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,577 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 2,577 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Amplify Bloomberg AI Value Chain ETF Stock Performance

Amplify Bloomberg AI Value Chain ETF stock traded up $0.19 during trading on Friday, reaching $68.61. The company had a trading volume of 1,525 shares, compared to its average volume of 1,858. Amplify Bloomberg AI Value Chain ETF has a 12-month low of $35.69 and a 12-month high of $72.79. The stock’s 50 day moving average price is $68.03 and its two-hundred day moving average price is $61.27. The firm has a market capitalization of $34.31 million, a price-to-earnings ratio of 21.80 and a beta of 1.07.

Hedge Funds Weigh In On Amplify Bloomberg AI Value Chain ETF

Several large investors have recently bought and sold shares of AIVC. Spire Wealth Management purchased a new position in Amplify Bloomberg AI Value Chain ETF in the second quarter valued at about $46,000. Flow Traders U.S. LLC bought a new position in shares of Amplify Bloomberg AI Value Chain ETF in the third quarter valued at approximately $650,000. Prime Capital Investment Advisors LLC bought a new position in Amplify Bloomberg AI Value Chain ETF in the 3rd quarter worth $206,000. Osaic Holdings Inc. lifted its position in shares of Amplify Bloomberg AI Value Chain ETF by 177.2% during the 2nd quarter. Osaic Holdings Inc. now owns 1,408 shares of the company’s stock worth $75,000 after purchasing an additional 900 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Amplify Bloomberg AI Value Chain ETF by 97.3% during the second quarter. Jane Street Group LLC now owns 29,240 shares of the company’s stock worth $1,561,000 after buying an additional 14,419 shares during the last quarter.

About Amplify Bloomberg AI Value Chain ETF

The Amplify Bloomberg AI Value Chain ETF (AIVC) is an exchange-traded fund that is based on the Bloomberg AI Value Chain NR index. The fund is passively managed to invest in an equal-weighted portfolio of companies from around the globe engaged in cloud computing, AI hardware, and semiconductors. AIVC was launched on Mar 8, 2016 and is issued by Amplify Investments.