Amplify COWS Covered Call ETF (NASDAQ:HCOW) Stock Short Interest Report for October

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 4,969 shares, a drop of 71.1% from the October 15th total of 17,172 shares. Based on an average trading volume of 6,399 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On Amplify COWS Covered Call ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HCOW. First PREMIER Bank acquired a new stake in Amplify COWS Covered Call ETF in the second quarter worth about $48,000. A. D. Beadell Investment Counsel Inc. acquired a new position in Amplify COWS Covered Call ETF during the 2nd quarter valued at about $93,000. Corient Private Wealth LP acquired a new position in Amplify COWS Covered Call ETF during the 2nd quarter valued at about $191,000. Integrated Wealth Concepts LLC bought a new stake in shares of Amplify COWS Covered Call ETF during the 2nd quarter worth about $199,000. Finally, Strategic Advisors LLC bought a new stake in shares of Amplify COWS Covered Call ETF during the 2nd quarter worth about $243,000.

Amplify COWS Covered Call ETF Stock Up 0.1%

Amplify COWS Covered Call ETF stock traded up $0.03 during mid-day trading on Friday, hitting $25.87. 3,343 shares of the company’s stock traded hands, compared to its average volume of 5,604. The firm has a 50 day moving average price of $24.81 and a 200 day moving average price of $24.38. The company has a market cap of $19.40 million, a PE ratio of 13.13 and a beta of 0.69. Amplify COWS Covered Call ETF has a one year low of $22.66 and a one year high of $26.53.

Amplify COWS Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were issued a dividend of $0.2127 per share. This represents a $2.55 dividend on an annualized basis and a dividend yield of 9.9%. This is a positive change from Amplify COWS Covered Call ETF’s previous monthly dividend of $0.2005. The ex-dividend date of this dividend was Thursday, October 29th.

About Amplify COWS Covered Call ETF

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.