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

by · The Markets Daily

Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,415 shares, a decline of 48.2% from the August 15th total of 10,458 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 7,454 shares, the days-to-cover ratio is currently 0.7 days.

Amplify BlackSwan Growth & Treasury Core ETF Stock Down 0.4%

SWAN stock traded down $0.14 on Wednesday, hitting $32.24. The company’s stock had a trading volume of 7,078 shares, compared to its average volume of 35,815. The firm has a 50 day moving average of $33.16 and a two-hundred day moving average of $32.89. Amplify BlackSwan Growth & Treasury Core ETF has a 1 year low of $30.45 and a 1 year high of $34.21.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tredje AP fonden boosted its position in shares of Amplify BlackSwan Growth & Treasury Core ETF by 102.3% in the 4th quarter. Tredje AP fonden now owns 6,525,000 shares of the company’s stock worth $211,867,000 after buying an additional 3,300,000 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Amplify BlackSwan Growth & Treasury Core ETF by 0.8% in the fourth quarter. Cerity Partners LLC now owns 2,112,948 shares of the company’s stock worth $68,607,000 after acquiring an additional 17,083 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Amplify BlackSwan Growth & Treasury Core ETF by 0.9% in the 2nd quarter. NewEdge Advisors LLC now owns 199,260 shares of the company’s stock valued at $6,648,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Hyundai Investments Co. Ltd. acquired a new position in Amplify BlackSwan Growth & Treasury Core ETF in the fourth quarter valued at $428,000.

Amplify BlackSwan Growth & Treasury Core ETF Company Profile

(Get Free Report)

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.

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