Amplify COWS Covered Call ETF (NASDAQ:HCOW) Short Interest Update

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,448 shares, a growth of 39.8% from the December 31st total of 5,327 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 4,037 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 4,037 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC lifted its stake in Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,859 shares of the company’s stock after purchasing an additional 4,334 shares during the period. Citadel Advisors LLC owned 4.42% of Amplify COWS Covered Call ETF worth $573,000 at the end of the most recent reporting period.

Amplify COWS Covered Call ETF Stock Up 0.2%

NASDAQ:HCOW traded up $0.04 on Friday, hitting $24.18. The stock had a trading volume of 6,690 shares, compared to its average volume of 4,584. The business’s 50-day simple moving average is $24.45 and its two-hundred day simple moving average is $24.10. The stock has a market cap of $13.06 million, a price-to-earnings ratio of 13.13 and a beta of 0.90. Amplify COWS Covered Call ETF has a 52-week low of $20.04 and a 52-week high of $25.77.

Amplify COWS Covered Call ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a dividend of $0.2444 per share. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date was Thursday, January 29th.

Amplify COWS Covered Call 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. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.