Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Short Interest Update

Amplify Cash Flow High Income ETF (NASDAQ:HCOWGet Free Report) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 50.4% from the February 28th total of 13,700 shares. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.7% of the company’s stock are short sold.

Institutional Investors Weigh In On Amplify Cash Flow High Income ETF

A hedge fund recently bought a new stake in Amplify Cash Flow High Income ETF stock. Gradient Investments LLC bought a new stake in shares of Amplify Cash Flow High Income ETF (NASDAQ:HCOWFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 257,494 shares of the company’s stock, valued at approximately $6,579,000. Gradient Investments LLC owned approximately 71.53% of Amplify Cash Flow High Income ETF at the end of the most recent reporting period.

Amplify Cash Flow High Income ETF Price Performance

NASDAQ:HCOW traded down $0.62 during mid-day trading on Friday, reaching $23.72. The stock had a trading volume of 2,415 shares, compared to its average volume of 2,921. The stock has a market cap of $9.25 million, a P/E ratio of 12.37 and a beta of 1.02. The business’s 50 day moving average is $24.95 and its 200 day moving average is $25.70. Amplify Cash Flow High Income ETF has a fifty-two week low of $23.22 and a fifty-two week high of $28.73.

Amplify Cash Flow High Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 28th will be issued a dividend of $0.2033 per share. The ex-dividend date is Friday, March 28th. This is an increase from Amplify Cash Flow High Income ETF’s previous dividend of $0.17.

Amplify Cash Flow High Income 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.

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