Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Increases By 56.0%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 41,529 shares, a growth of 56.0% from the March 15th total of 26,614 shares. Based on an average daily volume of 242,978 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Amplify CWP Growth & Income ETF

Hedge funds have recently made changes to their positions in the business. NWF Advisory Services Inc. bought a new stake in Amplify CWP Growth & Income ETF during the 4th quarter valued at $202,000. Claris Financial LLC bought a new stake in shares of Amplify CWP Growth & Income ETF in the 4th quarter worth approximately $894,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Amplify CWP Growth & Income ETF during the fourth quarter valued at approximately $435,000. Onyx Bridge Wealth Group LLC boosted its holdings in Amplify CWP Growth & Income ETF by 5.1% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 12,121 shares of the company’s stock valued at $352,000 after acquiring an additional 587 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Amplify CWP Growth & Income ETF by 13.0% in the 4th quarter. NewEdge Advisors LLC now owns 13,604 shares of the company’s stock worth $395,000 after purchasing an additional 1,565 shares in the last quarter.

Amplify CWP Growth & Income ETF Trading Up 1.3%

Shares of QDVO traded up $0.36 during midday trading on Wednesday, reaching $28.88. The stock had a trading volume of 349,435 shares, compared to its average volume of 350,721. The company has a market capitalization of $634.78 million, a price-to-earnings ratio of 35.30 and a beta of 1.02. The company’s 50-day moving average is $27.74 and its 200 day moving average is $28.72. Amplify CWP Growth & Income ETF has a 12-month low of $22.78 and a 12-month high of $30.40.

About Amplify CWP Growth & Income ETF

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.