Short Interest in Amplify COWS Covered Call ETF (NASDAQ:HCOW) Rises By 39.8%

Amplify COWS Covered Call ETF (NASDAQ:HCOWGet Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,448 shares, a growth of 39.8% from the December 31st total of 5,327 shares. Based on an average trading volume of 4,037 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.4% of the shares of the company are short sold. Approximately 1.4% of the shares of the company are short sold. Based on an average trading volume of 4,037 shares, the days-to-cover ratio is presently 1.8 days.

Amplify COWS Covered Call ETF Price Performance

NASDAQ:HCOW opened at $24.36 on Tuesday. Amplify COWS Covered Call ETF has a one year low of $20.04 and a one year high of $25.71. The company has a fifty day moving average price of $24.46 and a 200 day moving average price of $24.12. The stock has a market cap of $13.89 million, a P/E ratio of 13.13 and a beta of 0.90.

Amplify COWS Covered Call ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were paid a $0.2444 dividend. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date was Thursday, January 29th.

Hedge Funds Weigh In On Amplify COWS Covered Call ETF

An institutional investor recently raised its position in Amplify COWS Covered Call ETF stock. Gradient Investments LLC raised its position in Amplify COWS Covered Call ETF (NASDAQ:HCOWFree Report) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 320,524 shares of the company’s stock after acquiring an additional 4,018 shares during the period. Gradient Investments LLC owned about 59.36% of Amplify COWS Covered Call ETF worth $7,704,000 as of its most recent SEC filing.

About Amplify COWS Covered Call ETF

(Get Free Report)

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.

Further Reading

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