Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Short Interest Update

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 81,313 shares, a decline of 50.4% from the August 31st total of 164,038 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 819,177 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Amplify CWP Enhanced Dividend Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Evelyn Partners Asset Management Ltd purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at $30,000. Tsfg LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 31.0% during the second quarter. Tsfg LLC now owns 1,386 shares of the company’s stock valued at $63,000 after buying an additional 328 shares during the period. Blue Trust Inc. grew its position in Amplify CWP Enhanced Dividend Income ETF by 1,295.8% during the first quarter. Blue Trust Inc. now owns 2,652 shares of the company’s stock worth $119,000 after buying an additional 2,462 shares in the last quarter. Operose Advisors LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF during the second quarter worth about $126,000. Finally, Root Financial Partners LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 139.1% in the 4th quarter. Root Financial Partners LLC now owns 3,385 shares of the company’s stock worth $151,000 after acquiring an additional 1,969 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO traded down $0.01 during midday trading on Thursday, hitting $46.48. 958,431 shares of the company traded hands, compared to its average volume of 862,325. Amplify CWP Enhanced Dividend Income ETF has a one year low of $43.55 and a one year high of $49.03. The firm has a market cap of $7.73 billion, a P/E ratio of 22.46 and a beta of 0.65. The stock has a 50-day moving average of $47.75 and a 200-day moving average of $46.45.

About Amplify CWP Enhanced Dividend Income ETF

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.