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

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 90,316 shares, a drop of 36.5% from the July 30th total of 142,147 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 714,921 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Amplify CWP Enhanced Dividend Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. NBZ Investment Advisors LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 8.2% during the fourth quarter. NBZ Investment Advisors LLC now owns 513,645 shares of the company’s stock valued at $22,857,000 after purchasing an additional 39,069 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF in the fourth quarter valued at $1,138,000. NewCorp Financial Services Inc. acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $511,000. Truist Financial Corp grew its position in Amplify CWP Enhanced Dividend Income ETF by 5.8% during the 4th quarter. Truist Financial Corp now owns 1,343,337 shares of the company’s stock worth $59,778,000 after purchasing an additional 73,064 shares during the period. Finally, Sigma Planning Corp grew its position in Amplify CWP Enhanced Dividend Income ETF by 630.1% during the 4th quarter. Sigma Planning Corp now owns 35,156 shares of the company’s stock worth $1,564,000 after purchasing an additional 30,341 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Amplify CWP Enhanced Dividend Income ETF stock traded down $0.19 during trading hours on Tuesday, hitting $48.10. 871,978 shares of the stock traded hands, compared to its average volume of 868,170. The firm’s 50 day moving average price is $47.16 and its 200-day moving average price is $46.28. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 22.46 and a beta of 0.64. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $43.20 and a 1 year high of $49.03.

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.