Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Up 20.9% in January

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 9,006 shares, an increase of 20.9% from the January 15th total of 7,448 shares. Based on an average daily volume of 5,184 shares, the short-interest ratio is presently 1.7 days. Currently, 1.6% of the shares of the stock are sold short. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 5,184 shares, the short-interest ratio is presently 1.7 days.

Amplify COWS Covered Call ETF Stock Performance

NASDAQ:HCOW opened at $24.38 on Thursday. The company has a market cap of $13.90 million, a price-to-earnings ratio of 13.13 and a beta of 0.90. The stock’s fifty day moving average price is $24.43 and its two-hundred day moving average price is $24.17. Amplify COWS Covered Call ETF has a 52-week low of $20.04 and a 52-week high of $25.57.

Amplify COWS Covered Call ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a dividend of $0.2444 per share. The ex-dividend date was Thursday, January 29th. This represents a c) dividend on an annualized basis and a yield of 12.0%.

Institutional Investors Weigh In On Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC raised its stake in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,859 shares of the company’s stock after buying an additional 4,334 shares during the quarter. Citadel Advisors LLC owned 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent filing with the Securities and Exchange Commission.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.