Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Sees Significant Growth in Short Interest

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 168,114 shares, an increase of 246.7% from the June 15th total of 48,484 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 233,030 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Several hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in Amplify CWP International Enhanced Dividend Income ETF by 2.9% in the fourth quarter. Farther Finance Advisors LLC now owns 22,878 shares of the company’s stock worth $877,000 after purchasing an additional 647 shares during the period. West Michigan Advisors LLC grew its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 13.9% in the 4th quarter. West Michigan Advisors LLC now owns 23,433 shares of the company’s stock valued at $899,000 after buying an additional 2,855 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Amplify CWP International Enhanced Dividend Income ETF by 11.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 772,182 shares of the company’s stock valued at $29,613,000 after buying an additional 81,057 shares during the period. Arkadios Wealth Advisors bought a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF in the 4th quarter valued at $229,000. Finally, Atlas Wealth LLC bought a new stake in shares of Amplify CWP International Enhanced Dividend Income ETF in the 1st quarter valued at $53,000.

Amplify CWP International Enhanced Dividend Income ETF Price Performance

Shares of NYSEARCA:IDVO opened at $42.36 on Monday. The firm’s 50 day simple moving average is $42.32 and its 200 day simple moving average is $41.67. Amplify CWP International Enhanced Dividend Income ETF has a fifty-two week low of $33.33 and a fifty-two week high of $43.82. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 16.90 and a beta of 0.68.

About Amplify CWP International Enhanced Dividend Income ETF

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.