Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Up 129.8% in December

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the recipient of a significant increase in short interest during 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. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 5,040 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 5,040 shares, the short-interest ratio is currently 1.1 days. Currently, 1.0% of the company’s shares are short sold.

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 boosted its stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 13.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 316,506 shares of the company’s stock after buying an additional 36,962 shares during the period. Gradient Investments LLC owned 62.06% of Amplify COWS Covered Call ETF worth $7,226,000 as of its most recent filing with the Securities & Exchange Commission.

Amplify COWS Covered Call ETF Price Performance

Shares of NASDAQ:HCOW traded down $0.13 during trading on Friday, reaching $24.44. 2,015 shares of the company were exchanged, compared to its average volume of 3,818. The firm has a market capitalization of $13.19 million, a PE ratio of 13.13 and a beta of 0.90. The business’s fifty day simple moving average is $24.33 and its 200-day simple moving average is $24.03. Amplify COWS Covered Call ETF has a 12-month low of $20.04 and a 12-month high of $26.42.

Amplify COWS Covered Call ETF Company Profile

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.