Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sees Large Increase in Short Interest

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 76,082 shares, a growth of 193.9% from the November 30th total of 25,888 shares. Based on an average daily volume of 187,269 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 187,269 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IDVO. Pinnacle Bancorp Inc. purchased a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF in the third quarter valued at about $128,000. Farther Finance Advisors LLC purchased a new position in Amplify CWP International Enhanced Dividend Income ETF during the second quarter worth about $581,000. West Michigan Advisors LLC boosted its holdings in Amplify CWP International Enhanced Dividend Income ETF by 7.5% in the 2nd quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock valued at $662,000 after purchasing an additional 1,344 shares during the last quarter. OLD Mission Capital LLC increased its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 186.4% during the 1st quarter. OLD Mission Capital LLC now owns 48,020 shares of the company’s stock worth $1,510,000 after buying an additional 31,251 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 27.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 53,602 shares of the company’s stock worth $1,842,000 after buying an additional 11,597 shares during the last quarter.

Amplify CWP International Enhanced Dividend Income ETF Stock Performance

Shares of IDVO stock traded up $0.11 during trading hours on Friday, reaching $38.94. The company had a trading volume of 138,594 shares, compared to its average volume of 106,392. Amplify CWP International Enhanced Dividend Income ETF has a 12-month low of $27.32 and a 12-month high of $39.00. The company has a market capitalization of $513.23 million, a price-to-earnings ratio of 16.90 and a beta of 0.74. The stock has a fifty day moving average of $37.88 and a 200-day moving average of $36.20.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.