Short Interest in Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Grows By 106.9%

by · The Markets Daily

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 156,743 shares, an increase of 106.9% from the May 14th total of 75,766 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 368,362 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its position in Amplify CWP International Enhanced Dividend Income ETF by 2.9% during the fourth quarter. Farther Finance Advisors LLC now owns 22,878 shares of the company’s stock valued at $877,000 after acquiring an additional 647 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of 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. Atlas Wealth LLC bought a new position in shares of Amplify CWP International Enhanced Dividend Income ETF in the first quarter valued at approximately $53,000. Arkadios Wealth Advisors raised its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 41.4% in the first quarter. Arkadios Wealth Advisors now owns 8,429 shares of the company’s stock valued at $341,000 after purchasing an additional 2,468 shares during the period. Finally, West Michigan Advisors LLC raised its position in shares of Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the fourth 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 period.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

IDVO traded up $0.27 during midday trading on Monday, hitting $43.12. 100,119 shares of the company’s stock traded hands, compared to its average volume of 384,198. The company has a market cap of $1.17 billion, a PE ratio of 16.90 and a beta of 0.68. The stock’s fifty day simple moving average is $42.37 and its 200-day simple moving average is $41.13. Amplify CWP International Enhanced Dividend Income ETF has a one year low of $33.00 and a one year high of $43.82.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

(Get Free Report)

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.

Further Reading