Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Shares Shorted: Short Interest Up 80.8% in October

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 195,469 shares, a growth of 80.8% from the September 30th total of 108,110 shares. Based on an average daily volume of 218,007 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tsfg LLC acquired a new stake in shares of Amplify CWP Growth & Income ETF during the second quarter worth $29,000. MTM Investment Management LLC bought a new stake in Amplify CWP Growth & Income ETF in the 1st quarter valued at about $45,000. IFP Advisors Inc boosted its holdings in Amplify CWP Growth & Income ETF by 635.1% in the 3rd quarter. IFP Advisors Inc now owns 2,514 shares of the company’s stock valued at $75,000 after purchasing an additional 2,172 shares during the period. Avidian Wealth Enterprises LLC bought a new stake in Amplify CWP Growth & Income ETF in the 3rd quarter valued at about $205,000. Finally, Ascentis Independent Advisors acquired a new position in shares of Amplify CWP Growth & Income ETF during the 1st quarter worth approximately $256,000.

Amplify CWP Growth & Income ETF Trading Down 1.1%

Shares of NYSEARCA QDVO opened at $28.19 on Tuesday. The firm has a market cap of $742.81 million, a P/E ratio of 35.30 and a beta of 1.03. Amplify CWP Growth & Income ETF has a 1-year low of $25.75 and a 1-year high of $30.97. The business’s 50 day moving average is $29.76 and its 200-day moving average is $29.24.

About Amplify CWP Growth & Income ETF

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.