Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Shares Shorted: Short Interest Up 80.8% in October

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 195,469 shares, a growth of 80.8% from the September 30th total of 108,110 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 218,007 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Amplify CWP Growth & Income ETF

A number of hedge funds have recently added to or reduced their stakes in QDVO. Provenance Wealth Advisors LLC acquired a new position in Amplify CWP Growth & Income ETF in the 3rd quarter worth about $305,000. Latitude Advisors LLC boosted its stake in shares of Amplify CWP Growth & Income ETF by 32.0% during the third quarter. Latitude Advisors LLC now owns 16,626 shares of the company’s stock valued at $497,000 after purchasing an additional 4,029 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of Amplify CWP Growth & Income ETF during the third quarter valued at about $1,152,000. Sigma Planning Corp acquired a new stake in shares of Amplify CWP Growth & Income ETF during the third quarter valued at about $1,112,000. Finally, Manchester Capital Management LLC bought a new stake in shares of Amplify CWP Growth & Income ETF during the third quarter worth about $281,000.

Amplify CWP Growth & Income ETF Stock Performance

Shares of QDVO traded down $0.30 during mid-day trading on Monday, reaching $28.19. The company had a trading volume of 242,424 shares, compared to its average volume of 288,187. The company’s 50 day simple moving average is $29.79 and its 200 day simple moving average is $29.24. Amplify CWP Growth & Income ETF has a 1-year low of $25.75 and a 1-year high of $30.97. The company has a market capitalization of $742.81 million, a price-to-earnings ratio of 35.30 and a beta of 1.03.

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.