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

Amplify COWS Covered Call ETF (NASDAQ:HCOW) saw a large growth in short interest in the month of 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 company’s shares are short sold. Based on an average daily volume of 4,254 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 4,254 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are short sold.

Amplify COWS Covered Call ETF Stock Performance

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC grew its holdings in Amplify COWS Covered Call ETF by 22.2% in the third quarter. Citadel Advisors LLC now owns 23,859 shares of the company’s stock worth $573,000 after purchasing an additional 4,334 shares during the period. Gradient Investments LLC boosted its position in shares of Amplify COWS Covered Call ETF by 1.3% during the 3rd quarter. Gradient Investments LLC now owns 320,524 shares of the company’s stock worth $7,704,000 after purchasing an additional 4,018 shares in the last quarter. Finally, Mattson Financial Services LLC acquired a new stake in shares of Amplify COWS Covered Call ETF in the 1st quarter valued at about $70,000.

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.