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

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 70,038 shares, a growth of 105.8% from the January 29th total of 34,037 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 523,162 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 523,162 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the company’s stock are sold short.

Amplify CWP International Enhanced Dividend Income ETF Stock Performance

NYSEARCA IDVO traded down $0.30 on Friday, reaching $42.88. The company had a trading volume of 562,640 shares, compared to its average volume of 507,523. The company’s fifty day moving average is $41.40 and its 200-day moving average is $38.63. The firm has a market capitalization of $888.90 million, a price-to-earnings ratio of 16.90 and a beta of 0.74. Amplify CWP International Enhanced Dividend Income ETF has a 1-year low of $27.32 and a 1-year high of $43.82.

Amplify CWP International Enhanced Dividend Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.2171 per share. This is an increase from Amplify CWP International Enhanced Dividend Income ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Thursday, February 26th.

Institutional Investors Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Several institutional investors have recently bought and sold shares of IDVO. Janney Montgomery Scott LLC grew its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 11.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock worth $29,613,000 after acquiring an additional 81,057 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Amplify CWP International Enhanced Dividend Income ETF by 27.6% during the second quarter. EverSource Wealth Advisors LLC now owns 53,602 shares of the company’s stock worth $1,842,000 after purchasing an additional 11,597 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in Amplify CWP International Enhanced Dividend Income ETF during the fourth quarter worth $229,000. Farther Finance Advisors LLC grew its position in Amplify CWP International Enhanced Dividend Income ETF by 31.4% in the third quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock valued at $829,000 after purchasing an additional 5,310 shares in the last quarter. Finally, Pinnacle Bancorp Inc. acquired a new stake in Amplify CWP International Enhanced Dividend Income ETF in the 3rd quarter valued at $128,000.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

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.