Short Interest in Amplify COWS Covered Call ETF (NASDAQ:HCOW) Increases By 20.9%

Amplify COWS Covered Call ETF (NASDAQ:HCOW) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 9,006 shares, a growth of 20.9% from the January 15th total of 7,448 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 5,184 shares, the short-interest ratio is presently 1.7 days. Based on an average daily trading volume, of 5,184 shares, the short-interest ratio is presently 1.7 days. Currently, 1.6% of the company’s stock are sold short.

Amplify COWS Covered Call ETF Trading Up 0.2%

Shares of NASDAQ:HCOW traded up $0.06 during trading on Tuesday, reaching $24.34. The stock had a trading volume of 2,018 shares, compared to its average volume of 4,057. The firm’s 50-day simple moving average is $24.45 and its 200 day simple moving average is $24.16. Amplify COWS Covered Call ETF has a one year low of $20.04 and a one year high of $25.71. The company has a market capitalization of $13.87 million, a P/E ratio of 13.13 and a beta of 0.90.

Amplify COWS Covered Call ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were issued a dividend of $0.2444 per share. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date was Thursday, January 29th.

Institutional Investors Weigh In On Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC lifted its stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,859 shares of the company’s stock after buying an additional 4,334 shares during the period. Citadel Advisors LLC owned approximately 4.42% of Amplify COWS Covered Call ETF worth $573,000 at the end of the most recent quarter.

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.