Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Update

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 7,902 shares, a drop of 74.5% from the January 29th total of 31,033 shares. Based on an average daily trading volume, of 365,362 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 365,362 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

A number of hedge funds have recently bought and sold shares of QDVO. Global Retirement Partners LLC bought a new position in Amplify CWP Growth & Income ETF during the 3rd quarter worth approximately $29,000. CWM LLC raised its position in shares of Amplify CWP Growth & Income ETF by 96.2% during the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock valued at $33,000 after acquiring an additional 560 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of Amplify CWP Growth & Income ETF during the 2nd quarter valued at approximately $78,000. AlphaCore Capital LLC bought a new position in Amplify CWP Growth & Income ETF during the fourth quarter worth $177,000. Finally, Latitude Advisors LLC acquired a new position in Amplify CWP Growth & Income ETF in the third quarter worth $202,000.

Amplify CWP Growth & Income ETF Price Performance

Shares of NYSEARCA:QDVO traded down $0.56 during midday trading on Thursday, reaching $28.04. The company had a trading volume of 310,197 shares, compared to its average volume of 426,409. The stock has a market capitalization of $583.23 million, a P/E ratio of 35.30 and a beta of 1.03. The stock’s fifty day moving average price is $28.88 and its 200-day moving average price is $29.04. Amplify CWP Growth & Income ETF has a one year low of $21.60 and a one year high of $30.40.

Amplify CWP Growth & Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 26th will be paid a $0.2363 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date is Thursday, February 26th.

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.