Short Interest in Amplify COWS Covered Call ETF (NASDAQ:HCOW) Expands By 414.0%

Amplify COWS Covered Call ETF (NASDAQ:HCOW) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 2,318 shares, a growth of 414.0% from the November 30th total of 451 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 4,254 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 4,254 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of Amplify COWS Covered Call ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Mattson Financial Services LLC bought a new position in Amplify COWS Covered Call ETF in the first quarter valued at about $70,000. Citadel Advisors LLC boosted its stake in shares of Amplify COWS Covered Call ETF by 22.2% in the 3rd quarter. Citadel Advisors LLC now owns 23,859 shares of the company’s stock valued at $573,000 after purchasing an additional 4,334 shares in the last quarter. Finally, Gradient Investments LLC grew its holdings in shares of Amplify COWS Covered Call ETF by 13.2% during the 2nd quarter. Gradient Investments LLC now owns 316,506 shares of the company’s stock valued at $7,226,000 after purchasing an additional 36,962 shares during the last quarter.

Amplify COWS Covered Call ETF Price Performance

Shares of HCOW opened at $24.59 on Thursday. Amplify COWS Covered Call ETF has a one year low of $20.04 and a one year high of $26.42. The company has a market cap of $13.28 million, a P/E ratio of 13.13 and a beta of 0.90. The firm has a 50 day simple moving average of $24.13 and a two-hundred day simple moving average of $23.84.

Amplify COWS Covered Call 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. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.