Short Interest in Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Increases By 41.7%

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 10,200 shares, a growth of 41.7% from the March 31st total of 7,200 shares. Currently, 2.4% of the company’s stock are sold short. Based on an average trading volume of 3,800 shares, the short-interest ratio is presently 2.7 days.

Institutional Investors Weigh In On Amplify Cash Flow High Income ETF

An institutional investor recently raised its position in Amplify Cash Flow High Income ETF stock. Gradient Investments LLC lifted its stake in Amplify Cash Flow High Income ETF (NASDAQ:HCOW) by 8.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 279,544 shares of the company’s stock after acquiring an additional 22,050 shares during the quarter. Gradient Investments LLC owned 66.56% of Amplify Cash Flow High Income ETF worth $6,689,000 as of its most recent filing with the Securities & Exchange Commission.

Amplify Cash Flow High Income ETF Stock Up 1.3 %

Shares of NASDAQ HCOW opened at $22.14 on Friday. The firm has a market cap of $9.30 million, a P/E ratio of 12.01 and a beta of 1.02. Amplify Cash Flow High Income ETF has a twelve month low of $20.04 and a twelve month high of $28.05. The company has a 50 day moving average of $22.92 and a 200 day moving average of $24.97.

Amplify Cash Flow High Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 29th were given a dividend of $0.2016 per share. The ex-dividend date of this dividend was Tuesday, April 29th.

Amplify Cash Flow High Income ETF Company Profile

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income.