Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Update

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 41,760 shares, an increase of 428.5% from the February 12th total of 7,902 shares. Based on an average daily trading volume, of 341,461 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 341,461 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. NWF Advisory Services Inc. bought a new stake in shares of Amplify CWP Growth & Income ETF during the fourth quarter valued at approximately $202,000. Claris Financial LLC bought a new position in Amplify CWP Growth & Income ETF in the fourth quarter worth $894,000. Mercer Global Advisors Inc. ADV purchased a new position in Amplify CWP Growth & Income ETF during the fourth quarter valued at $435,000. Onyx Bridge Wealth Group LLC lifted its position in Amplify CWP Growth & Income ETF by 5.1% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 12,121 shares of the company’s stock valued at $352,000 after buying an additional 587 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Amplify CWP Growth & Income ETF by 13.0% during the 4th quarter. NewEdge Advisors LLC now owns 13,604 shares of the company’s stock valued at $395,000 after buying an additional 1,565 shares in the last quarter.

Amplify CWP Growth & Income ETF Trading Down 1.2%

Shares of QDVO stock traded down $0.34 during trading hours on Thursday, reaching $27.63. The company’s stock had a trading volume of 292,912 shares, compared to its average volume of 407,823. Amplify CWP Growth & Income ETF has a one year low of $21.60 and a one year high of $30.40. The stock has a market capitalization of $574.70 million, a P/E ratio of 35.30 and a beta of 1.03. The firm’s fifty day simple moving average is $28.56 and its 200 day simple moving average is $28.98.

Amplify CWP Growth & Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.2363 dividend. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a yield of 10.3%.

Amplify CWP Growth & Income ETF Company Profile

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.