Amplify COWS Covered Call ETF (NASDAQ:HCOW) Sees Significant Increase in Short Interest

Amplify COWS Covered Call ETF (NASDAQ:HCOWGet Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 13,338 shares, a growth of 104.6% from the April 15th total of 6,518 shares. Based on an average daily volume of 5,258 shares, the short-interest ratio is currently 2.5 days. Currently, 2.1% of the company’s shares are sold short.

Amplify COWS Covered Call ETF Stock Performance

NASDAQ:HCOW traded down $0.28 during trading hours on Friday, hitting $23.18. The stock had a trading volume of 3,667 shares, compared to its average volume of 4,611. Amplify COWS Covered Call ETF has a one year low of $21.55 and a one year high of $25.06. The company has a market cap of $14.60 million, a price-to-earnings ratio of 13.13 and a beta of 0.76. The business’s 50 day moving average is $23.52 and its 200-day moving average is $24.01.

Amplify COWS Covered Call ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 29th were paid a $0.2392 dividend. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date of this dividend was Wednesday, April 29th.

Institutional Investors 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 lifted its stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOWFree Report) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 323,379 shares of the company’s stock after acquiring an additional 2,855 shares during the period. Gradient Investments LLC owned approximately 59.89% of Amplify COWS Covered Call ETF worth $7,824,000 at the end of the most recent quarter.

Amplify COWS Covered Call ETF Company Profile

(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.

Featured Articles

Receive News & Ratings for Amplify COWS Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify COWS Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.