Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Up 129.8% in December

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 5,327 shares, a growth of 129.8% from the December 15th total of 2,318 shares. Based on an average daily trading volume, of 5,040 shares, the short-interest ratio is currently 1.1 days. Currently, 1.0% of the shares of the stock are short sold. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,040 shares, the short-interest ratio is currently 1.1 days.

Amplify COWS Covered Call ETF Price Performance

Shares of NASDAQ HCOW traded up $0.16 during mid-day trading on Wednesday, hitting $24.61. 518 shares of the company’s stock traded hands, compared to its average volume of 3,989. Amplify COWS Covered Call ETF has a 1 year low of $20.04 and a 1 year high of $26.42. The company’s 50-day moving average is $24.30 and its two-hundred day moving average is $24.03. The company has a market capitalization of $13.29 million, a P/E ratio of 13.13 and a beta of 0.90.

Hedge Funds Weigh In On Amplify COWS Covered Call ETF

An institutional investor recently raised its position in Amplify COWS Covered Call ETF stock. Gradient Investments LLC increased its stake in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 323,379 shares of the company’s stock after buying an additional 2,855 shares during the quarter. Gradient Investments LLC owned about 59.89% of Amplify COWS Covered Call ETF worth $7,824,000 as of its most recent SEC filing.

About Amplify COWS Covered Call ETF

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.