Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Sees Significant Increase in Short Interest

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,100 shares, an increase of 50.6% from the September 15th total of 8,700 shares. Based on an average trading volume of 337,800 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 337,800 shares, the short-interest ratio is currently 0.0 days.

Amplify CWP Growth & Income ETF Trading Down 0.8%

Shares of NYSEARCA:QDVO opened at $29.12 on Thursday. The company has a 50-day moving average price of $28.93 and a 200-day moving average price of $27.27. The company has a market cap of $358.18 million and a price-to-earnings ratio of 35.30. Amplify CWP Growth & Income ETF has a 12 month low of $21.60 and a 12 month high of $29.58.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Merit Financial Group LLC purchased a new stake in Amplify CWP Growth & Income ETF in the 3rd quarter worth approximately $17,505,000. Visionary Wealth Advisors raised its holdings 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 valued at $2,274,000 after acquiring an additional 22,736 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Amplify CWP Growth & Income ETF in the second quarter worth $1,929,000. Bank of Montreal Can purchased a new stake in Amplify CWP Growth & Income ETF in the second quarter worth $932,000. Finally, Jane Street Group LLC bought a new stake in Amplify CWP Growth & Income ETF in the first quarter valued at $353,000.

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.