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

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,425 shares, a drop of 73.1% from the January 29th total of 9,006 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,250 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 3,250 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the shares of the stock are short sold.

Amplify COWS Covered Call ETF Stock Performance

Shares of NASDAQ:HCOW traded up $0.01 during trading on Friday, reaching $24.43. The company had a trading volume of 3,611 shares, compared to its average volume of 4,185. The firm’s fifty day moving average is $24.40 and its 200 day moving average is $24.22. The firm has a market capitalization of $13.93 million, a PE ratio of 13.13 and a beta of 0.90. Amplify COWS Covered Call ETF has a twelve month low of $20.04 and a twelve month high of $25.06.

Amplify COWS Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a dividend of $0.2229 per share. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date of this dividend was Thursday, February 26th.

Institutional Trading of Amplify COWS Covered Call ETF

An institutional investor recently raised its position in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC raised its holdings in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,859 shares of the company’s stock after buying an additional 4,334 shares during the period. Citadel Advisors LLC owned about 4.42% of Amplify COWS Covered Call ETF worth $573,000 as of its most recent SEC filing.

Amplify COWS Covered Call ETF Company Profile

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.