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

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 162,414 shares, a decrease of 52.5% from the January 15th total of 342,109 shares. Based on an average daily trading volume, of 852,108 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 852,108 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Amplify CWP Enhanced Dividend Income ETF

Several hedge funds have recently bought and sold shares of the business. Simplex Trading LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at approximately $26,000. Optima Capital LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth approximately $27,000. Financial Consulate Inc. acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth approximately $28,000. Parkside Financial Bank & Trust bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the second quarter valued at approximately $49,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter worth $53,000.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.1%

NYSEARCA DIVO traded up $0.05 during trading on Friday, reaching $46.59. The company’s stock had a trading volume of 809,920 shares, compared to its average volume of 902,741. The stock has a market capitalization of $6.33 billion, a PE ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $36.20 and a 1-year high of $47.30. The business has a 50-day moving average price of $45.71 and a 200-day moving average price of $44.73.

Amplify CWP Enhanced Dividend Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were paid a $0.1826 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, January 29th.

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.