Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Update

Amplify COWS Covered Call ETF (NASDAQ:HCOW) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,176 shares, a drop of 46.0% from the February 26th total of 2,176 shares. Based on an average daily volume of 3,540 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Amplify COWS Covered Call ETF Stock Performance

Shares of Amplify COWS Covered Call ETF stock traded down $0.33 on Friday, reaching $23.00. The stock had a trading volume of 12,101 shares, compared to its average volume of 4,237. The business’s 50-day moving average price is $24.01 and its two-hundred day moving average price is $24.13. The stock has a market cap of $13.11 million, a P/E ratio of 13.13 and a beta of 0.90. Amplify COWS Covered Call ETF has a fifty-two week low of $20.04 and a fifty-two week high of $25.06.

Amplify COWS Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.2229 dividend. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date was Thursday, February 26th.

Institutional Investors Weigh In On Amplify COWS Covered Call ETF

An institutional investor recently raised its position in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC grew its holdings in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,859 shares of the company’s stock after purchasing an additional 4,334 shares during the quarter. Citadel Advisors LLC owned about 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent filing with the SEC.

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.