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

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 8,700 shares, a growth of 10.1% from the August 31st total of 7,900 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 8.7 days.

Amplify Cash Flow High Income ETF Price Performance

HCOW stock remained flat at $25.88 during midday trading on Tuesday. The company’s stock had a trading volume of 209 shares, compared to its average volume of 817. The business has a 50-day moving average of $25.59 and a 200 day moving average of $25.91. Amplify Cash Flow High Income ETF has a 52 week low of $23.16 and a 52 week high of $28.73.

Amplify Cash Flow High Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were issued a $0.16 dividend. The ex-dividend date was Friday, September 27th. This represents a $1.92 annualized dividend and a yield of 7.42%.

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.