Short Interest in Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Rises By 106.9%

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 156,743 shares, a growth of 106.9% from the May 14th total of 75,766 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 368,362 shares, the days-to-cover ratio is presently 0.4 days.

Amplify CWP International Enhanced Dividend Income ETF Trading Up 0.5%

IDVO stock traded up $0.22 during trading on Friday, hitting $42.85. The company had a trading volume of 149,290 shares, compared to its average volume of 386,776. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 16.90 and a beta of 0.68. The business has a 50 day moving average of $42.37 and a 200 day moving average of $41.10. Amplify CWP International Enhanced Dividend Income ETF has a fifty-two week low of $33.00 and a fifty-two week high of $43.82.

Institutional Investors Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Atlas Wealth LLC bought a new stake in Amplify CWP International Enhanced Dividend Income ETF in the first quarter worth about $53,000. Arkadios Wealth Advisors bought a new stake in Amplify CWP International Enhanced Dividend Income ETF in the fourth quarter worth about $229,000. Reliant Wealth Planning bought a new stake in Amplify CWP International Enhanced Dividend Income ETF in the first quarter worth about $374,000. Farther Finance Advisors LLC raised its position in Amplify CWP International Enhanced Dividend Income ETF by 2.9% in the fourth quarter. Farther Finance Advisors LLC now owns 22,878 shares of the company’s stock worth $877,000 after acquiring an additional 647 shares in the last quarter. Finally, West Michigan Advisors LLC raised its position in Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the fourth quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock worth $899,000 after acquiring an additional 2,855 shares in the last quarter.

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.