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

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 1,600 shares, an increase 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 presently 0.3 days.

Institutional Trading of Amplify Cash Flow High Income ETF

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

Amplify Cash Flow High Income ETF Price Performance

Shares of NASDAQ HCOW opened at $25.87 on Thursday. The firm has a fifty day moving average price of $26.27 and a 200-day moving average price of $25.99. Amplify Cash Flow High Income ETF has a 1 year low of $24.52 and a 1 year high of $28.73.

Amplify Cash Flow High Income ETF Cuts Dividend

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

Amplify Cash Flow High Income 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.