Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Short Interest Up 63.1% in February

Amplify Cash Flow High Income ETF (NASDAQ:HCOWGet Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 13,700 shares, an increase of 63.1% from the February 13th total of 8,400 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 3.8 days. Approximately 3.5% of the company’s stock are short sold.

Institutional Investors Weigh In On Amplify Cash Flow High Income ETF

An institutional investor recently bought a new position in Amplify Cash Flow High Income ETF stock. Gradient Investments LLC acquired a new position in shares of Amplify Cash Flow High Income ETF (NASDAQ:HCOWFree Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 257,494 shares of the company’s stock, valued at approximately $6,579,000. Gradient Investments LLC owned approximately 71.53% of Amplify Cash Flow High Income ETF at the end of the most recent reporting period.

Amplify Cash Flow High Income ETF Price Performance

HCOW traded up $0.37 during trading hours on Friday, reaching $23.76. 6,350 shares of the stock traded hands, compared to its average volume of 2,787. The firm’s fifty day simple moving average is $25.20 and its two-hundred day simple moving average is $25.78. Amplify Cash Flow High Income ETF has a fifty-two week low of $23.22 and a fifty-two week high of $28.73.

Amplify Cash Flow High Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were issued a dividend of $0.2068 per share. This represents a $2.48 dividend on an annualized basis and a yield of 10.44%. This is a positive change from Amplify Cash Flow High Income ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Thursday, February 27th.

Amplify Cash Flow High Income ETF Company Profile

(Get Free Report)

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.

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