Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Shares Shorted: Short Interest Up 187.8% in September

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 234,053 shares, an increase of 187.8% from the September 15th total of 81,313 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 800,037 shares, the short-interest ratio is presently 0.3 days.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.1%

NYSEARCA DIVO traded down $0.05 on Tuesday, reaching $47.53. The company had a trading volume of 679,842 shares, compared to its average volume of 860,149. The stock has a market capitalization of $7.91 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 12 month low of $43.65 and a 12 month high of $49.03. The firm’s 50 day moving average price is $47.79 and its 200 day moving average price is $46.57.

Institutional Investors Weigh In On Amplify CWP Enhanced Dividend Income ETF

Several large investors have recently made changes to their positions in the company. Sachetta LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 1.2% in the first quarter. Sachetta LLC now owns 21,338 shares of the company’s stock worth $957,000 after buying an additional 249 shares during the last quarter. Money Concepts Capital Corp boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 3.8% during the first quarter. Money Concepts Capital Corp now owns 7,209 shares of the company’s stock worth $323,000 after buying an additional 267 shares during the period. Semus Wealth Partners LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 0.9% during the first quarter. Semus Wealth Partners LLC now owns 31,932 shares of the company’s stock worth $1,432,000 after buying an additional 278 shares during the period. High Net Worth Advisory Group LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 3.4% during the first quarter. High Net Worth Advisory Group LLC now owns 8,679 shares of the company’s stock worth $389,000 after buying an additional 283 shares during the period. Finally, Tsfg LLC increased its position in Amplify CWP Enhanced Dividend Income ETF by 31.0% during the second quarter. Tsfg LLC now owns 1,386 shares of the company’s stock valued at $63,000 after acquiring an additional 328 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Company Profile

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.