Short Interest in Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Drops By 69.1%

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 48,484 shares, a decline of 69.1% from the May 31st total of 156,743 shares. Based on an average daily volume of 234,795 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Investors Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Several hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 278.0% during the first quarter. EverSource Wealth Advisors LLC now owns 155,789 shares of the company’s stock worth $6,305,000 after acquiring an additional 114,580 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 11.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock worth $29,613,000 after purchasing an additional 81,057 shares during the period. Reliant Wealth Planning bought a new position in shares of Amplify CWP International Enhanced Dividend Income ETF during the first quarter worth approximately $374,000. Arkadios Wealth Advisors acquired a new stake in Amplify CWP International Enhanced Dividend Income ETF during the 4th quarter worth approximately $229,000. Finally, West Michigan Advisors LLC boosted its stake in Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the 4th quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock valued at $899,000 after purchasing an additional 2,855 shares during the period.

Amplify CWP International Enhanced Dividend Income ETF Stock Up 0.1%

Shares of NYSEARCA IDVO traded up $0.05 during mid-day trading on Friday, reaching $41.57. 158,085 shares of the company were exchanged, compared to its average volume of 375,278. The company’s 50-day simple moving average is $42.41 and its 200-day simple moving average is $41.39. The stock has a market capitalization of $1.13 billion, a P/E ratio of 16.90 and a beta of 0.68. Amplify CWP International Enhanced Dividend Income ETF has a twelve month low of $33.33 and a twelve month high of $43.82.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.