Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Sees Large Increase in Short Interest

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 104,679 shares, an increase of 152.1% from the March 31st total of 41,529 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 217,582 shares, the short-interest ratio is currently 0.5 days.

Amplify CWP Growth & Income ETF Price Performance

QDVO opened at $29.56 on Tuesday. Amplify CWP Growth & Income ETF has a one year low of $24.00 and a one year high of $30.40. The company’s 50 day simple moving average is $27.88 and its 200-day simple moving average is $28.72. The stock has a market capitalization of $659.19 million, a P/E ratio of 35.30 and a beta of 1.02.

Institutional Trading of Amplify CWP Growth & Income ETF

Several hedge funds have recently modified their holdings of QDVO. Merit Financial Group LLC bought a new stake in shares of Amplify CWP Growth & Income ETF during the third quarter valued at approximately $17,505,000. Raymond James Financial Inc. grew its stake in shares of Amplify CWP Growth & Income ETF by 822.2% during the third quarter. Raymond James Financial Inc. now owns 644,420 shares of the company’s stock valued at $18,714,000 after purchasing an additional 574,541 shares during the last quarter. Osaic Holdings Inc. bought a new stake in shares of Amplify CWP Growth & Income ETF during the fourth quarter valued at approximately $2,014,000. Royal Bank of Canada grew its stake in shares of Amplify CWP Growth & Income ETF by 20.0% during the fourth quarter. Royal Bank of Canada now owns 317,566 shares of the company’s stock valued at $9,216,000 after purchasing an additional 52,931 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in shares of Amplify CWP Growth & Income ETF during the third quarter valued at approximately $1,443,000.

Amplify CWP Growth & Income ETF Company Profile

The Amplify CWP Growth & Income ETF (QDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund holds long exposure to the Russell 1000 Growth Index and writes exchange-traded call options on them. The fund offers a balanced approach to growth and income by actively managing a narrow portfolio of large-cap US equities with strong growth potential. QDVO was launched on Aug 22, 2024 and is issued by Amplify Investments.