Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Short Interest Update

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 274,286 shares, an increase of 56.3% from the March 15th total of 175,489 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,040,938 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Simplex Trading LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the fourth quarter worth $26,000. Optima Capital LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth about $27,000. Financial Consulate Inc. bought a new position in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth about $28,000. Evelyn Partners Asset Management Ltd bought a new position in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth about $30,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at about $53,000.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO stock opened at $45.74 on Thursday. The firm has a 50 day moving average price of $45.82 and a 200-day moving average price of $45.37. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $37.84 and a 52-week high of $47.30. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 22.46 and a beta of 0.69.

About Amplify CWP Enhanced Dividend Income ETF

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.