Short Interest in Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Rises By 1,500.0%

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 1,600 shares, a growth of 1,500.0% from the December 31st total of 100 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Amplify Cash Flow High Income ETF

An institutional investor recently bought a new position in Amplify Cash Flow High Income ETF stock. Gradient Investments LLC bought a new position in Amplify Cash Flow High Income ETF (NASDAQ:HCOW) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 257,494 shares of the company’s stock, valued at approximately $6,579,000. Gradient Investments LLC owned about 71.53% of Amplify Cash Flow High Income ETF at the end of the most recent reporting period.

Amplify Cash Flow High Income ETF Trading Down 0.7 %

Shares of NASDAQ:HCOW opened at $25.95 on Wednesday. The company’s fifty day moving average is $26.28 and its 200 day moving average is $25.99. Amplify Cash Flow High Income ETF has a 52 week low of $24.52 and a 52 week high of $28.73.

Amplify Cash Flow High Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.1715 dividend. The ex-dividend date was Monday, December 30th.

About Amplify Cash Flow High Income 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.