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

Amplify COWS Covered Call ETF (NASDAQ:HCOW) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,742 shares, a decrease of 40.7% from the June 15th total of 7,997 shares. Based on an average daily volume of 5,462 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the company’s stock are short sold.

Amplify COWS Covered Call ETF Stock Performance

Shares of NASDAQ HCOW traded up $0.27 during trading hours on Thursday, hitting $24.43. The stock had a trading volume of 345 shares, compared to its average volume of 4,809. The company has a market capitalization of $16.86 million, a P/E ratio of 13.13 and a beta of 0.75. The firm’s 50-day moving average price is $23.92 and its two-hundred day moving average price is $23.95. Amplify COWS Covered Call ETF has a 52 week low of $22.66 and a 52 week high of $25.06.

Amplify COWS Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.2409 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. This is a positive change from Amplify COWS Covered Call ETF’s previous monthly dividend of $0.24.

Institutional Trading of Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Gradient Investments LLC raised its holdings in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 3.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 338,147 shares of the company’s stock after buying an additional 9,949 shares during the quarter. Gradient Investments LLC owned 49.01% of Amplify COWS Covered Call ETF worth $7,997,000 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.