Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Short Interest Update

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 142,147 shares, a decline of 54.4% from the July 15th total of 311,532 shares. Based on an average daily trading volume, of 845,555 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Amplify CWP Enhanced Dividend Income ETF

Several large investors have recently added to or reduced their stakes in the stock. Simplex Trading LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter worth about $26,000. Evelyn Partners Asset Management Ltd acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at about $30,000. Blue Trust Inc. raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 1,295.8% during the 1st quarter. Blue Trust Inc. now owns 2,652 shares of the company’s stock valued at $119,000 after buying an additional 2,462 shares during the period. Camelot Portfolios LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at about $137,000. Finally, Root Financial Partners LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 139.1% during the 4th quarter. Root Financial Partners LLC now owns 3,385 shares of the company’s stock worth $151,000 after acquiring an additional 1,969 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Up 0.0%

Shares of DIVO stock traded up $0.01 during mid-day trading on Friday, reaching $48.45. The company’s stock had a trading volume of 623,690 shares, compared to its average volume of 876,273. The company’s 50 day simple moving average is $46.63 and its 200-day simple moving average is $46.10. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $43.05 and a 12-month high of $48.56. The firm has a market capitalization of $7.88 billion, a PE ratio of 22.46 and a beta of 0.64.

About Amplify CWP Enhanced Dividend Income ETF

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.