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

Amplify COWS Covered Call ETF (NASDAQ:HCOWGet Free Report) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 4,742 shares, a decline of 40.7% from the June 15th total of 7,997 shares. Based on an average trading volume of 5,462 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.7% of the shares of the company are short sold.

Amplify COWS Covered Call ETF Stock Up 1.1%

Amplify COWS Covered Call ETF stock traded up $0.27 during mid-day trading on Thursday, reaching $24.43. The company had a trading volume of 345 shares, compared to its average volume of 4,809. The firm has a market cap of $16.86 million, a price-to-earnings ratio of 13.13 and a beta of 0.75. The company has a 50 day moving average of $23.92 and a 200-day moving average of $23.95. Amplify COWS Covered Call ETF has a 52 week low of $22.66 and a 52 week high of $25.06.

Amplify COWS Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were paid a dividend of $0.2409 per share. This is a positive change from Amplify COWS Covered Call ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date was Monday, June 29th.

Institutional Trading of Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Gradient Investments LLC lifted its position in Amplify COWS Covered Call ETF (NASDAQ:HCOWFree Report) by 3.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,147 shares of the company’s stock after purchasing an additional 9,949 shares during the quarter. Gradient Investments LLC owned 49.01% of Amplify COWS Covered Call ETF worth $7,997,000 at the end of the most recent reporting period.

Amplify COWS Covered Call ETF Company Profile

(Get Free Report)

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.

Further Reading

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