Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 642 shares, a decline of 41.8% from the August 31st total of 1,103 shares. Based on an average daily volume of 1,790 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Amplify BlueStar Israel Technology ETF Stock Performance

ITEQ stock traded up $0.55 during mid-day trading on Wednesday, reaching $62.04. The company had a trading volume of 1,833 shares, compared to its average volume of 9,304. The company has a market capitalization of $108.57 million, a price-to-earnings ratio of 29.66 and a beta of 1.01. The firm has a fifty day simple moving average of $62.99 and a 200 day simple moving average of $63.28. Amplify BlueStar Israel Technology ETF has a fifty-two week low of $52.16 and a fifty-two week high of $71.00.

Institutional Trading of Amplify BlueStar Israel Technology ETF

A hedge fund recently raised its stake in Amplify BlueStar Israel Technology ETF stock. Royal Bank of Canada boosted its position in Amplify BlueStar Israel Technology ETF (NYSEARCA:ITEQ – Free Report) by 94.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,193 shares of the company’s stock after acquiring an additional 578 shares during the quarter. Royal Bank of Canada owned 0.07% of Amplify BlueStar Israel Technology ETF worth $69,000 at the end of the most recent quarter.

About Amplify BlueStar Israel Technology ETF

(Get Free Report)

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.

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