Short Interest in Amplify COWS Covered Call ETF (NASDAQ:HCOW) Expands By 129.8%

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 5,327 shares, an increase of 129.8% from the December 15th total of 2,318 shares. Based on an average daily trading volume, of 5,040 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,040 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Gradient Investments LLC raised its position in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 323,379 shares of the company’s stock after buying an additional 2,855 shares during the quarter. Gradient Investments LLC owned about 59.89% of Amplify COWS Covered Call ETF worth $7,824,000 at the end of the most recent reporting period.

Amplify COWS Covered Call ETF Price Performance

Shares of NASDAQ:HCOW traded up $0.12 during midday trading on Thursday, hitting $24.63. 1,700 shares of the company’s stock were exchanged, compared to its average volume of 4,000. Amplify COWS Covered Call ETF has a 12 month low of $20.04 and a 12 month high of $26.42. The company has a market cap of $13.30 million, a PE ratio of 13.13 and a beta of 0.90. The stock has a 50 day moving average price of $24.33 and a 200-day moving average price of $24.03.

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.