Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sees Significant Decrease in Short Interest

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 34,037 shares, a decline of 55.3% from the January 15th total of 76,106 shares. Based on an average trading volume of 508,064 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 508,064 shares, the short-interest ratio is presently 0.1 days.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

Shares of IDVO traded up $0.02 during mid-day trading on Friday, reaching $42.76. The stock had a trading volume of 498,810 shares, compared to its average volume of 483,295. Amplify CWP International Enhanced Dividend Income ETF has a 52-week low of $27.32 and a 52-week high of $43.62. The firm has a market cap of $886.41 million, a price-to-earnings ratio of 16.90 and a beta of 0.74. The business’s fifty day moving average is $40.41 and its 200 day moving average is $38.01.

Amplify CWP International Enhanced Dividend Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were paid a $0.215 dividend. This is a positive change from Amplify CWP International Enhanced Dividend Income ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 6.0%.

Institutional Trading of Amplify CWP International Enhanced Dividend Income ETF

Several institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its position in Amplify CWP International Enhanced Dividend Income ETF by 11.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock worth $29,613,000 after acquiring an additional 81,057 shares during the period. EverSource Wealth Advisors LLC raised its position in Amplify CWP International Enhanced Dividend Income ETF by 2.4% in the third quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock valued at $2,047,000 after purchasing an additional 1,291 shares during the period. West Michigan Advisors LLC lifted its stake in shares of Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the 4th quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock valued at $899,000 after purchasing an additional 2,855 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 2.9% during the 4th quarter. Farther Finance Advisors LLC now owns 22,878 shares of the company’s stock worth $877,000 after purchasing an additional 647 shares during the period. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF during the 4th quarter worth about $229,000.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.