Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sees Large Decrease in Short Interest

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 74,026 shares, a drop of 38.0% from the August 31st total of 119,362 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 237,920 shares, the days-to-cover ratio is currently 0.3 days.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

Shares of IDVO traded down $0.64 during trading hours on Thursday, hitting $40.90. The stock had a trading volume of 242,585 shares, compared to its average volume of 329,508. Amplify CWP International Enhanced Dividend Income ETF has a 1-year low of $36.10 and a 1-year high of $43.82. The firm has a 50 day simple moving average of $42.74 and a 200-day simple moving average of $42.21. The firm has a market capitalization of $1.40 billion, a P/E ratio of 16.90 and a beta of 0.68.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its holdings in Amplify CWP International Enhanced Dividend Income ETF by 278.0% during the first quarter. EverSource Wealth Advisors LLC now owns 155,789 shares of the company’s stock worth $6,305,000 after buying an additional 114,580 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Amplify CWP International Enhanced Dividend Income ETF by 8.7% in the first quarter. Janney Montgomery Scott LLC now owns 838,996 shares of the company’s stock valued at $33,954,000 after acquiring an additional 66,814 shares during the last quarter. Reliant Wealth Planning bought a new position in shares of Amplify CWP International Enhanced Dividend Income ETF during the 1st quarter valued at approximately $374,000. Arkadios Wealth Advisors grew its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 41.4% during the 1st quarter. Arkadios Wealth Advisors now owns 8,429 shares of the company’s stock valued at $341,000 after acquiring an additional 2,468 shares during the period. Finally, Noble Wealth Management PBC purchased a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 2nd quarter worth approximately $88,000.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.