Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Stock Short Interest Declines 45.5%

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 40,333 shares, a drop of 45.5% from the September 15th total of 74,026 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 299,484 shares, the short-interest ratio is currently 0.1 days.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

IDVO remained flat at $41.04 on Friday. The company’s stock had a trading volume of 186,829 shares, compared to its average volume of 323,123. The firm’s fifty day moving average is $42.52 and its 200-day moving average is $42.33. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 16.90 and a beta of 0.68. Amplify CWP International Enhanced Dividend Income ETF has a 12 month low of $36.19 and a 12 month high of $43.82.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its position 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 buying an additional 66,814 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Amplify CWP International Enhanced Dividend Income ETF by 278.0% in the 1st 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 period. Farther Finance Advisors LLC raised its position in Amplify CWP International Enhanced Dividend Income ETF by 1.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 22,990 shares of the company’s stock worth $955,000 after buying an additional 353 shares during the last quarter. Reliant Wealth Planning purchased a new position in Amplify CWP International Enhanced Dividend Income ETF during the 1st quarter worth approximately $374,000. Finally, Arkadios Wealth Advisors raised its position in 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 worth $341,000 after buying an additional 2,468 shares during the last quarter.

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.