Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Rises By 65.2%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 265,758 shares, an increase of 65.2% from the July 15th total of 160,916 shares. Based on an average daily trading volume, of 246,653 shares, the short-interest ratio is currently 1.1 days. Approximately 1.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Amplify CWP Growth & Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QDVO. Tactive Advisors LLC acquired a new position in shares of Amplify CWP Growth & Income ETF in the 1st quarter valued at $686,000. Cassady Wealth & Retirement Planning LLC grew its holdings in shares of Amplify CWP Growth & Income ETF by 77.1% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 46,941 shares of the company’s stock worth $1,373,000 after purchasing an additional 20,440 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Amplify CWP Growth & Income ETF by 147.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 38,927 shares of the company’s stock worth $1,037,000 after purchasing an additional 23,214 shares during the last quarter. Royal Bank of Canada increased its position in shares of 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 worth $9,730,000 after purchasing an additional 47,520 shares during the last quarter. Finally, Claris Financial LLC acquired a new stake in shares of Amplify CWP Growth & Income ETF during the 4th quarter worth about $894,000.

Amplify CWP Growth & Income ETF Stock Performance

Shares of NYSEARCA QDVO traded down $0.27 during midday trading on Tuesday, reaching $29.79. 179,963 shares of the stock were exchanged, compared to its average volume of 310,724. The stock has a market capitalization of $741.18 million, a P/E ratio of 35.30 and a beta of 1.04. The company has a 50 day simple moving average of $29.63 and a 200 day simple moving average of $29.05. Amplify CWP Growth & Income ETF has a twelve month low of $25.75 and a twelve month high of $30.97.

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.