Short Interest in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Grows By 211.5%

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 405,078 shares, a growth of 211.5% from the November 30th total of 130,039 shares. Based on an average daily volume of 812,741 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 812,741 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Amplify CWP Enhanced Dividend Income ETF

Hedge funds have recently modified their holdings of the company. ORG Partners LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the second quarter valued at approximately $25,000. Parkside Financial Bank & Trust bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter worth $49,000. Simplex Trading LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 934.6% in the 2nd quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock valued at $57,000 after buying an additional 1,215 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 127.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock valued at $61,000 after buying an additional 772 shares during the period. Finally, Root Financial Partners LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at $63,000.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.1%

NYSEARCA DIVO traded down $0.03 on Friday, reaching $46.11. The company had a trading volume of 625,710 shares, compared to its average volume of 577,614. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $36.20 and a 52 week high of $46.23. The stock’s 50 day moving average is $45.22 and its 200-day moving average is $43.92. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Company Profile

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.