Amplify Cash Flow High Income ETF (NASDAQ:HCOW) Sees Large Increase in Short Interest

Amplify Cash Flow High Income ETF (NASDAQ:HCOW) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 8,700 shares, a growth of 10.1% from the August 31st total of 7,900 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is presently 8.7 days.

Amplify Cash Flow High Income ETF Stock Performance

NASDAQ:HCOW traded down $0.12 during trading hours on Tuesday, reaching $25.76. The stock had a trading volume of 209 shares, compared to its average volume of 817. Amplify Cash Flow High Income ETF has a 52 week low of $23.16 and a 52 week high of $28.73. The company has a 50 day moving average price of $25.59 and a two-hundred day moving average price of $25.91.

Amplify Cash Flow High Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were paid a dividend of $0.16 per share. This represents a $1.92 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend was Friday, September 27th.

About Amplify Cash Flow High Income ETF

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.