Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Update
by Doug Wharley · The Cerbat GemAmplify COWS Covered Call ETF (NASDAQ:HCOW – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 13,338 shares, a growth of 104.6% from the April 15th total of 6,518 shares. Based on an average daily volume of 5,258 shares, the short-interest ratio is presently 2.5 days. Currently, 2.1% of the company’s stock are short sold.
Institutional Trading of Amplify COWS Covered Call ETF
A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC lifted its position in Amplify COWS Covered Call ETF (NASDAQ:HCOW – Free Report) by 22.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,859 shares of the company’s stock after buying 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 SEC filing.
Amplify COWS Covered Call ETF Stock Performance
Amplify COWS Covered Call ETF stock traded up $0.13 during mid-day trading on Monday, reaching $23.31. The company’s stock had a trading volume of 1,462 shares, compared to its average volume of 4,574. The company has a market capitalization of $14.69 million, a price-to-earnings ratio of 13.13 and a beta of 0.76. Amplify COWS Covered Call ETF has a 12 month low of $21.55 and a 12 month high of $25.06. The business’s 50 day simple moving average is $23.52 and its 200 day simple moving average is $24.01.
Amplify COWS Covered Call ETF Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 29th were issued a $0.2392 dividend. The ex-dividend date was Wednesday, April 29th. This represents a c) annualized dividend and a dividend yield of 12.3%.
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.