Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Declines By 89.0%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 29,237 shares, a decrease of 89.0% from the July 30th total of 265,758 shares. Based on an average daily volume of 206,823 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Amplify CWP Growth & Income ETF Stock Down 0.2%

NYSEARCA QDVO traded down $0.07 during trading on Wednesday, hitting $29.60. The company’s stock had a trading volume of 167,994 shares, compared to its average volume of 305,863. The firm has a 50 day moving average price of $29.63 and a 200 day moving average price of $29.08. The firm has a market cap of $736.45 million, a P/E ratio of 35.30 and a beta of 1.04. Amplify CWP Growth & Income ETF has a 52 week low of $25.75 and a 52 week high of $30.97.

Hedge Funds Weigh In On Amplify CWP Growth & Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tsfg LLC acquired a new position in Amplify CWP Growth & Income ETF during the 2nd quarter valued at $29,000. CWM LLC grew its position in Amplify CWP Growth & Income ETF by 96.2% in the 4th quarter. CWM LLC now owns 1,142 shares of the company’s stock worth $33,000 after purchasing an additional 560 shares during the last quarter. MTM Investment Management LLC bought a new position in shares of Amplify CWP Growth & Income ETF during the 1st quarter worth about $45,000. Global Retirement Partners LLC raised its position in shares of Amplify CWP Growth & Income ETF by 262.7% during the fourth quarter. Global Retirement Partners LLC now owns 3,627 shares of the company’s stock valued at $105,000 after buying an additional 2,627 shares during the last quarter. Finally, Blue Trust Inc. acquired a new position in shares of Amplify CWP Growth & Income ETF during the first quarter valued at about $109,000.

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. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.