Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Update

Amplify COWS Covered Call ETF (NASDAQ:HCOW) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 7,448 shares, an increase of 39.8% from the December 31st total of 5,327 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily volume of 4,037 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 4,037 shares, the short-interest ratio is presently 1.8 days. Approximately 1.4% of the shares of the company are short sold.

Amplify COWS Covered Call ETF Trading Up 0.2%

Shares of NASDAQ HCOW traded up $0.04 during midday trading on Friday, reaching $24.18. The company had a trading volume of 6,690 shares, compared to its average volume of 4,584. Amplify COWS Covered Call ETF has a 1 year low of $20.04 and a 1 year high of $25.77. The business’s 50-day simple moving average is $24.45 and its 200 day simple moving average is $24.10. The stock has a market cap of $13.06 million, a P/E ratio of 13.13 and a beta of 0.90.

Amplify COWS Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were paid a dividend of $0.2444 per share. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date was Thursday, January 29th.

Institutional Investors 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 raised its position in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 0.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 323,379 shares of the company’s stock after purchasing an additional 2,855 shares during the period. Gradient Investments LLC owned 59.89% of Amplify COWS Covered Call ETF worth $7,824,000 at the end of the most recent quarter.

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.