Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Up 104.6% in April

Amplify COWS Covered Call ETF (NASDAQ:HCOW) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 13,338 shares, an increase of 104.6% from the April 15th total of 6,518 shares. Approximately 2.1% of the company’s shares are short sold. Based on an average daily volume of 5,258 shares, the short-interest ratio is currently 2.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC increased its holdings in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,859 shares of the company’s stock after purchasing an additional 4,334 shares during the quarter. Citadel Advisors LLC owned 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent filing with the SEC.

Amplify COWS Covered Call ETF Price Performance

NASDAQ:HCOW traded down $0.28 on Friday, reaching $23.18. The stock had a trading volume of 3,667 shares, compared to its average volume of 4,611. The company has a market cap of $14.60 million, a price-to-earnings ratio of 13.13 and a beta of 0.76. The firm’s fifty day moving average is $23.52 and its two-hundred day moving average is $24.02. Amplify COWS Covered Call ETF has a 12-month low of $21.55 and a 12-month high of $25.06.

Amplify COWS Covered Call ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 29th were issued a dividend of $0.2392 per share. This represents a c) annualized dividend and a dividend yield of 12.4%. The ex-dividend date was Wednesday, April 29th.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.