Short Interest in Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Declines By 33.0%

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 160,916 shares, a drop of 33.0% from the June 30th total of 240,221 shares. Based on an average trading volume of 262,090 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.6% of the shares of the stock are short sold.

Amplify CWP Growth & Income ETF Price Performance

QDVO traded up $0.27 during midday trading on Friday, reaching $28.96. 267,057 shares of the company’s stock were exchanged, compared to its average volume of 319,458. The stock has a market capitalization of $726.90 million, a PE ratio of 35.30 and a beta of 1.03. The business’s 50-day moving average price is $29.75 and its 200 day moving average price is $28.98. Amplify CWP Growth & Income ETF has a 1-year low of $25.75 and a 1-year high of $30.97.

Institutional Trading of Amplify CWP Growth & Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC raised its stake 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 valued at $33,000 after purchasing an additional 560 shares during the last quarter. MTM Investment Management LLC acquired a new stake in shares of Amplify CWP Growth & Income ETF during the 1st quarter worth about $45,000. Global Retirement Partners LLC grew its holdings 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 worth $105,000 after buying an additional 2,627 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of Amplify CWP Growth & Income ETF during the first quarter worth about $109,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Amplify CWP Growth & Income ETF in the fourth quarter valued at approximately $177,000.

Amplify CWP Growth & Income ETF Company Profile

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.