Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Short Interest Up 38.6% in March

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 175,489 shares, a growth of 38.6% from the February 26th total of 126,584 shares. Based on an average trading volume of 926,921 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Amplify CWP Enhanced Dividend Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Simplex Trading LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth $26,000. Optima Capital LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $27,000. Financial Consulate Inc. acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $28,000. Evelyn Partners Asset Management Ltd acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth about $30,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at about $53,000.

Amplify CWP Enhanced Dividend Income ETF Trading Down 0.5%

Shares of NYSEARCA DIVO opened at $44.00 on Tuesday. The company has a fifty day moving average price of $45.90 and a 200 day moving average price of $45.28. The firm has a market cap of $5.98 billion, a PE ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $36.20 and a 1-year high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.1863 per share. This is an increase from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Thursday, February 26th.

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.