Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Up 279.0% in August

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 110,818 shares, an increase of 279.0% from the August 15th total of 29,237 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 203,811 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Amplify CWP Growth & Income ETF

A number of hedge funds have recently bought and sold shares of the stock. Tsfg LLC bought a new position in Amplify CWP Growth & Income ETF in the second quarter worth $29,000. MTM Investment Management LLC bought a new stake in Amplify CWP Growth & Income ETF in the 1st quarter valued at $45,000. Global Retirement Partners LLC increased its holdings in Amplify CWP Growth & Income ETF by 262.7% in the 4th quarter. Global Retirement Partners LLC now owns 3,627 shares of the company’s stock valued at $105,000 after buying an additional 2,627 shares during the period. Blue Trust Inc. acquired a new position in shares of Amplify CWP Growth & Income ETF in the 1st quarter valued at $109,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Amplify CWP Growth & Income ETF in the 4th quarter valued at $177,000.

Amplify CWP Growth & Income ETF Trading Up 0.5%

QDVO opened at $29.61 on Friday. Amplify CWP Growth & Income ETF has a 1-year low of $25.75 and a 1-year high of $30.97. The stock has a market capitalization of $736.70 million, a price-to-earnings ratio of 35.30 and a beta of 1.04. The business has a 50 day moving average of $29.64 and a 200-day moving average of $29.20.

About Amplify CWP Growth & Income ETF

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.