Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Short Interest Up 1,086.5% in April

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 91,910 shares, an increase of 1,086.5% from the March 31st total of 7,746 shares. Based on an average daily volume of 305,763 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Amplify CWP International Enhanced Dividend Income ETF Stock Performance

IDVO stock traded up $0.19 during mid-day trading on Friday, reaching $42.38. The company had a trading volume of 257,013 shares, compared to its average volume of 429,585. The firm has a fifty day simple moving average of $41.52 and a 200 day simple moving average of $39.89. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 16.90 and a beta of 0.74. Amplify CWP International Enhanced Dividend Income ETF has a fifty-two week low of $31.36 and a fifty-two week high of $43.82.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IDVO. Pinnacle Bancorp Inc. acquired a new position in Amplify CWP International Enhanced Dividend Income ETF during the 3rd quarter worth approximately $128,000. Arkadios Wealth Advisors acquired a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF in the 4th quarter valued at $229,000. Farther Finance Advisors LLC raised its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 31.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 22,231 shares of the company’s stock valued at $829,000 after purchasing an additional 5,310 shares in the last quarter. West Michigan Advisors LLC lifted its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 13.9% during the 4th quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock worth $899,000 after purchasing an additional 2,855 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 2.4% during the third quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock worth $2,047,000 after purchasing an additional 1,291 shares in the last quarter.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

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.