Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Short Interest Up 68.0% in February

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 8,400 shares, an increase of 68.0% from the January 31st total of 5,000 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 2.5 days.

Amplify Cash Flow High Income ETF Stock Up 0.7 %

HCOW stock traded up $0.18 during midday trading on Friday, hitting $24.63. The company’s stock had a trading volume of 5,012 shares, compared to its average volume of 3,831. The stock’s 50-day moving average price is $25.54 and its 200 day moving average price is $25.92. Amplify Cash Flow High Income ETF has a 1 year low of $24.44 and a 1 year high of $28.73.

Amplify Cash Flow High Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were issued a dividend of $0.2068 per share. This is a boost from Amplify Cash Flow High Income ETF’s previous monthly dividend of $0.17. The ex-dividend date was Thursday, February 27th. This represents a $2.48 dividend on an annualized basis and a yield of 10.07%.

Institutional Trading of 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 acquired a new stake in shares of Amplify Cash Flow High Income ETF (NASDAQ:HCOW) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 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 quarter.

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.