Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Grows By 56.0%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 41,529 shares, an increase of 56.0% from the March 15th total of 26,614 shares. Based on an average daily trading volume, of 242,978 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Amplify CWP Growth & Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Global Retirement Partners LLC purchased a new stake in shares of Amplify CWP Growth & Income ETF in the third quarter worth approximately $29,000. CWM LLC grew its stake in Amplify CWP Growth & Income ETF by 96.2% in the fourth quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $33,000 after purchasing an additional 560 shares in the last quarter. AlphaCore Capital LLC bought a new position in Amplify CWP Growth & Income ETF in the fourth quarter worth approximately $177,000. Latitude Advisors LLC bought a new position in Amplify CWP Growth & Income ETF in the third quarter worth approximately $202,000. Finally, NWF Advisory Services Inc. bought a new position in Amplify CWP Growth & Income ETF in the fourth quarter worth approximately $202,000.

Amplify CWP Growth & Income ETF Stock Performance

Shares of NYSEARCA QDVO opened at $28.16 on Tuesday. The business’s 50 day moving average price is $27.74 and its 200-day moving average price is $28.72. Amplify CWP Growth & Income ETF has a fifty-two week low of $22.78 and a fifty-two week high of $30.40. The company has a market cap of $618.96 million, a price-to-earnings ratio of 35.30 and a beta of 1.02.

About Amplify CWP Growth & Income ETF

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.