Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) Short Interest Up 279.0% in August

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 110,818 shares, a growth of 279.0% from the August 15th total of 29,237 shares. Based on an average daily trading volume, of 203,811 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s stock are short sold.

Amplify CWP Growth & Income ETF Stock Performance

QDVO stock opened at $29.61 on Friday. Amplify CWP Growth & Income ETF has a 1 year low of $25.75 and a 1 year high of $30.97. The stock has a 50-day simple moving average of $29.64 and a 200-day simple moving average of $29.20. The firm has a market cap of $736.70 million, a P/E ratio of 35.30 and a beta of 1.04.

Institutional Investors Weigh In On Amplify CWP Growth & Income ETF

A number of institutional investors have recently bought and sold shares of the business. NWF Advisory Services Inc. acquired a new stake in shares of Amplify CWP Growth & Income ETF during the 2nd quarter valued at $358,000. Tsfg LLC bought a new stake in Amplify CWP Growth & Income ETF during the second quarter valued at about $29,000. Tactive Advisors LLC increased its stake in shares of Amplify CWP Growth & Income ETF by 3.2% in the second quarter. Tactive Advisors LLC now owns 26,577 shares of the company’s stock worth $793,000 after purchasing an additional 828 shares during the period. NewEdge Advisors LLC increased its stake in shares of Amplify CWP Growth & Income ETF by 3.4% in the first quarter. NewEdge Advisors LLC now owns 14,063 shares of the company’s stock worth $375,000 after purchasing an additional 459 shares during the period. Finally, Cassady Wealth & Retirement Planning LLC lifted its position in shares of Amplify CWP Growth & Income ETF by 77.1% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 46,941 shares of the company’s stock worth $1,373,000 after purchasing an additional 20,440 shares during the last quarter.

About Amplify CWP Growth & Income ETF

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.