Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Up 104.6% in April

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 13,338 shares, an increase of 104.6% from the April 15th total of 6,518 shares. Currently, 2.1% of the shares of the stock are sold short. Based on an average trading volume of 5,258 shares, the short-interest ratio is presently 2.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC increased its position in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,859 shares of the company’s stock after acquiring an additional 4,334 shares during the period. Citadel Advisors LLC owned approximately 4.42% of Amplify COWS Covered Call ETF worth $573,000 at the end of the most recent quarter.

Amplify COWS Covered Call ETF Trading Down 1.2%

NASDAQ:HCOW traded down $0.28 during mid-day trading on Friday, reaching $23.18. 3,667 shares of the stock were exchanged, compared to its average volume of 4,611. The business has a fifty day moving average price of $23.52 and a 200 day moving average price of $24.02. The firm has a market capitalization of $14.60 million, a PE ratio of 13.13 and a beta of 0.76. Amplify COWS Covered Call ETF has a 1-year low of $21.55 and a 1-year high of $25.06.

Amplify COWS Covered Call ETF Announces Dividend

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

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.