Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Up 428.5% in February

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

Amplify CWP Growth & Income ETF Price Performance

NYSEARCA QDVO traded down $0.01 on Tuesday, reaching $27.92. 260,889 shares of the company’s stock traded hands, compared to its average volume of 415,580. The stock has a market cap of $580.74 million, a PE ratio of 35.30 and a beta of 1.03. The stock has a 50-day simple moving average of $28.61 and a 200 day simple moving average of $28.99. Amplify CWP Growth & Income ETF has a 12 month low of $21.60 and a 12 month high of $30.40.

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 10.2%.

Institutional Trading of Amplify CWP Growth & Income ETF

Hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC bought a new stake in Amplify CWP Growth & Income ETF in the 3rd quarter worth approximately $29,000. CWM LLC boosted its position in Amplify CWP Growth & Income ETF by 96.2% in the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock valued at $33,000 after buying an additional 560 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in shares of Amplify CWP Growth & Income ETF in the 2nd quarter worth $78,000. AlphaCore Capital LLC bought a new position in shares of Amplify CWP Growth & Income ETF during the fourth quarter valued at approximately $177,000. Finally, Latitude Advisors LLC bought a new stake in Amplify CWP Growth & Income ETF during the third quarter valued at about $202,000.

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.