Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Rises By 279.0%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 110,818 shares, an increase of 279.0% from the August 15th total of 29,237 shares. Based on an average daily trading volume, of 203,811 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of Amplify CWP Growth & Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in Amplify CWP Growth & Income ETF during the 1st quarter valued at about $353,000. Raymond James Financial Inc. acquired a new stake in shares of Amplify CWP Growth & Income ETF during the 2nd quarter worth approximately $1,929,000. Visionary Wealth Advisors raised its stake in shares of Amplify CWP Growth & Income ETF by 38.1% during the second quarter. Visionary Wealth Advisors now owns 82,392 shares of the company’s stock worth $2,274,000 after buying an additional 22,736 shares during the last quarter. Capital Wealth Planning LLC raised its stake in shares of Amplify CWP Growth & Income ETF by 22.4% during the third quarter. Capital Wealth Planning LLC now owns 9,203 shares of the company’s stock worth $267,000 after buying an additional 1,687 shares during the last quarter. Finally, Equitable Holdings Inc. acquired a new position in Amplify CWP Growth & Income ETF in the third quarter valued at approximately $383,000.

Amplify CWP Growth & Income ETF Price Performance

Shares of NYSEARCA QDVO traded up $0.15 during midday trading on Friday, hitting $29.61. The stock had a trading volume of 131,623 shares, compared to its average volume of 299,744. The company’s 50-day simple moving average is $29.64 and its 200 day simple moving average is $29.20. The firm has a market cap of $736.70 million, a P/E ratio of 35.30 and a beta of 1.04. Amplify CWP Growth & Income ETF has a fifty-two week low of $25.75 and a fifty-two week high of $30.97.

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.