Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Sees Significant Increase in Short Interest

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) was the recipient of a significant increase in short interest during the month of 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.

Amplify Cash Flow High Income ETF Trading Down 0.6 %

Shares of NASDAQ HCOW traded down $0.16 during midday trading on Tuesday, hitting $25.98. The company’s stock had a trading volume of 1,462 shares, compared to its average volume of 3,564. The business’s fifty day simple moving average is $26.28 and its two-hundred day simple moving average is $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 declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were paid a $0.1715 dividend. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Amplify Cash Flow High Income ETF stock. Gradient Investments LLC acquired a new position in shares of Amplify Cash Flow High Income ETF (NASDAQ:HCOW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 quarter.

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.