Amplify COWS Covered Call ETF (NASDAQ:HCOW) Stock Short Interest Report for October

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the recipient of a significant decline in short interest in October. As of October 30th, there was short interest totaling 4,969 shares, a decline of 71.1% from the October 15th total of 17,172 shares. Based on an average daily volume of 6,399 shares, the short-interest ratio is presently 0.8 days. Currently, 0.7% of the shares of the stock are sold short.

Institutional Trading of Amplify COWS Covered Call ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HCOW. Gradient Investments LLC acquired a new position in Amplify COWS Covered Call ETF during the third quarter worth about $7,672,000. Carter Financial Group INC. acquired a new stake in Amplify COWS Covered Call ETF in the 2nd quarter valued at about $2,838,000. RPg Family Wealth Advisory LLC bought a new position in shares of Amplify COWS Covered Call ETF during the 2nd quarter valued at about $3,005,000. Risk Paradigm Group LLC bought a new position in shares of Amplify COWS Covered Call ETF during the 2nd quarter valued at about $3,005,000. Finally, Nwam LLC bought a new position in shares of Amplify COWS Covered Call ETF during the 2nd quarter valued at about $1,846,000.

Amplify COWS Covered Call ETF Stock Up 0.1%

HCOW traded up $0.03 during trading on Friday, reaching $25.87. The stock had a trading volume of 3,343 shares, compared to its average volume of 5,604. The firm has a market capitalization of $19.40 million, a price-to-earnings ratio of 13.13 and a beta of 0.69. Amplify COWS Covered Call ETF has a 1-year low of $22.66 and a 1-year high of $26.53. The stock has a 50 day moving average of $24.81 and a two-hundred day moving average of $24.38.

Amplify COWS Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were given a dividend of $0.2127 per share. This is a boost from Amplify COWS Covered Call ETF’s previous monthly dividend of $0.2005. The ex-dividend date was Thursday, October 29th. This represents a $2.55 annualized dividend and a dividend yield of 9.9%.

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.