Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Sees Large Growth in Short Interest

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 240,221 shares, a growth of 385.1% from the June 15th total of 49,518 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 355,436 shares, the days-to-cover ratio is currently 0.7 days.

Amplify CWP Growth & Income ETF Price Performance

NYSEARCA:QDVO traded up $0.13 on Friday, reaching $30.07. 275,900 shares of the company’s stock were exchanged, compared to its average volume of 328,351. Amplify CWP Growth & Income ETF has a 52 week low of $25.75 and a 52 week high of $30.97. The firm has a market cap of $739.12 million, a price-to-earnings ratio of 35.30 and a beta of 1.03. The stock has a fifty day simple moving average of $30.04 and a 200-day simple moving average of $28.97.

Institutional Trading of Amplify CWP Growth & Income ETF

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. boosted its holdings in Amplify CWP Growth & Income ETF by 822.2% during the 3rd quarter. Raymond James Financial Inc. now owns 644,420 shares of the company’s stock valued at $18,714,000 after acquiring an additional 574,541 shares during the period. Merit Financial Group LLC boosted its holdings in shares of Amplify CWP Growth & Income ETF by 3.3% during the fourth quarter. Merit Financial Group LLC now owns 622,854 shares of the company’s stock worth $18,075,000 after purchasing an additional 20,052 shares during the period. Royal Bank of Canada raised its position in Amplify CWP Growth & Income ETF by 15.0% during the 1st quarter. Royal Bank of Canada now owns 365,086 shares of the company’s stock valued at $9,730,000 after purchasing an additional 47,520 shares during the last quarter. LPL Financial LLC increased its stake in shares of Amplify CWP Growth & Income ETF by 17.4% during the fourth quarter. LPL Financial LLC now owns 243,983 shares of the company’s stock valued at $7,080,000 after buying an additional 36,241 shares during the period. Finally, Visionary Wealth Advisors raised its holdings in Amplify CWP Growth & Income ETF by 15.9% in the 4th quarter. Visionary Wealth Advisors now owns 113,043 shares of the company’s stock worth $3,280,000 after purchasing an additional 15,521 shares in the last quarter.

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.