Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Short Interest Up 220.4% in May

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 277,173 shares, an increase of 220.4% from the May 14th total of 86,516 shares. Based on an average daily trading volume, of 811,986 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Amplify CWP Enhanced Dividend Income ETF Stock Up 1.1%

NYSEARCA:DIVO opened at $46.09 on Friday. The business’s 50 day moving average is $45.72 and its two-hundred day moving average is $45.69. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $41.33 and a 52 week high of $47.30. The company has a market cap of $7.00 billion, a PE ratio of 22.46 and a beta of 0.65.

Institutional Trading of Amplify CWP Enhanced Dividend Income ETF

Several hedge funds have recently made changes to their positions in DIVO. Creative Planning bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $438,000. JPMorgan Chase & Co. lifted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 18.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 39,062 shares of the company’s stock worth $1,662,000 after purchasing an additional 6,132 shares during the last quarter. Cerity Partners LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF by 8.1% during the 2nd quarter. Cerity Partners LLC now owns 8,673 shares of the company’s stock valued at $370,000 after acquiring an additional 648 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in Amplify CWP Enhanced Dividend Income ETF by 5,278.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 46,899 shares of the company’s stock valued at $1,996,000 after acquiring an additional 46,027 shares in the last quarter. Finally, NCM Capital Management LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF by 3.9% during the 2nd quarter. NCM Capital Management LLC now owns 299,115 shares of the company’s stock valued at $12,734,000 after acquiring an additional 11,291 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Company Profile

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.