Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sees Large Decline in Short Interest

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 48,484 shares, a decrease of 69.1% from the May 31st total of 156,743 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 234,795 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Amplify CWP International Enhanced Dividend Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 278.0% during the first quarter. EverSource Wealth Advisors LLC now owns 155,789 shares of the company’s stock worth $6,305,000 after buying an additional 114,580 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Amplify CWP International Enhanced Dividend Income ETF by 11.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock valued at $29,613,000 after purchasing an additional 81,057 shares in the last quarter. Reliant Wealth Planning bought a new stake in Amplify CWP International Enhanced Dividend Income ETF in the first quarter valued at approximately $374,000. Arkadios Wealth Advisors acquired a new stake in Amplify CWP International Enhanced Dividend Income ETF in the fourth quarter worth $229,000. Finally, West Michigan Advisors LLC raised its holdings in Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the fourth 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 period.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

Shares of NYSEARCA IDVO traded up $0.33 during trading hours on Tuesday, reaching $41.99. The stock had a trading volume of 200,400 shares, compared to its average volume of 372,169. Amplify CWP International Enhanced Dividend Income ETF has a twelve month low of $33.33 and a twelve month high of $43.82. The business’s fifty day moving average is $42.39 and its two-hundred day moving average is $41.44. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 16.90 and a beta of 0.68.

About Amplify CWP International Enhanced Dividend Income ETF

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.