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

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

Amplify CWP Growth & Income ETF Price Performance

Shares of QDVO stock opened at $29.61 on Monday. Amplify CWP Growth & Income ETF has a 52-week low of $25.75 and a 52-week high of $30.97. The stock has a market cap of $736.70 million, a PE ratio of 35.30 and a beta of 1.04. The business has a 50-day simple moving average of $29.64 and a 200-day simple moving average of $29.20.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

Institutional investors have recently made changes to their positions in the company. Tsfg LLC purchased a new stake in Amplify CWP Growth & Income ETF during the second quarter worth $29,000. MTM Investment Management LLC purchased a new position in shares of Amplify CWP Growth & Income ETF in the 1st quarter valued at about $45,000. Global Retirement Partners LLC raised 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 worth $105,000 after purchasing an additional 2,627 shares during the period. Blue Trust Inc. acquired a new position in Amplify CWP Growth & Income ETF in the 1st quarter worth about $109,000. Finally, AlphaCore Capital LLC purchased a new position in Amplify CWP Growth & Income ETF during the fourth quarter worth approximately $177,000.

About Amplify CWP Growth & Income ETF

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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.

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