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 large growth in short interest in February. As of February 15th, there was short interest totalling 8,400 shares, a growth of 68.0% from the January 31st total of 5,000 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is presently 2.5 days.

Amplify Cash Flow High Income ETF Stock Down 1.6 %

HCOW traded down $0.38 during trading hours on Tuesday, hitting $23.65. The company’s stock had a trading volume of 8,869 shares, compared to its average volume of 3,953. Amplify Cash Flow High Income ETF has a fifty-two week low of $23.56 and a fifty-two week high of $28.73. The company has a 50-day simple moving average of $25.51 and a 200 day simple moving average of $25.91.

Amplify Cash Flow High Income ETF Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 10.49%.

Hedge Funds Weigh In On 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 bought a new position in shares of Amplify Cash Flow High Income ETF (NASDAQ:HCOW) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 257,494 shares of the company’s stock, valued at approximately $6,579,000. Gradient Investments LLC owned 71.53% of Amplify Cash Flow High Income ETF as of its most recent SEC filing.

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.