Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Short Interest Down 50.4% in March

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 50.4% from the February 28th total of 13,700 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.7% of the shares of the stock are short sold.

Amplify Cash Flow High Income ETF Trading Down 2.5 %

NASDAQ:HCOW traded down $0.62 during trading hours on Friday, reaching $23.72. 2,415 shares of the company were exchanged, compared to its average volume of 2,929. The stock’s 50-day moving average is $24.90 and its 200-day moving average is $25.70. Amplify Cash Flow High Income ETF has a twelve month low of $23.22 and a twelve month high of $28.73. The firm has a market cap of $9.25 million, a PE ratio of 12.37 and a beta of 1.02.

Amplify Cash Flow High Income ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 28th will be paid a $0.2033 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Amplify Cash Flow High Income ETF’s previous dividend of $0.17.

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 stake in Amplify Cash Flow High Income ETF (NASDAQ:HCOW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 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.

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.