Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) Short Interest Down 65.1% in May

by · The Cerbat Gem

Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 86,516 shares, a drop of 65.1% from the April 30th total of 247,725 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 784,208 shares, the short-interest ratio is currently 0.1 days.

Amplify CWP Enhanced Dividend Income ETF Trading Down 0.4%

Shares of NYSEARCA DIVO traded down $0.18 during trading on Monday, reaching $46.06. 1,018,598 shares of the company traded hands, compared to its average volume of 902,070. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $41.01 and a 12-month high of $47.30. The stock has a market cap of $7.00 billion, a P/E ratio of 22.46 and a beta of 0.65. The firm’s fifty day simple moving average is $45.45 and its 200 day simple moving average is $45.61.

Institutional Investors Weigh In On Amplify CWP Enhanced Dividend Income ETF

A number of institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% during the 4th quarter. Raymond James Financial Inc. now owns 15,586,010 shares of the company’s stock valued at $693,577,000 after acquiring an additional 772,345 shares during the period. LPL Financial LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 7,447,779 shares of the company’s stock valued at $331,426,000 after acquiring an additional 294,892 shares during the period. Retirement Planning Group LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 9.9% during the 1st quarter. Retirement Planning Group LLC now owns 3,180,704 shares of the company’s stock valued at $142,655,000 after acquiring an additional 287,226 shares during the period. Morgan Stanley grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 22.8% during the 4th quarter. Morgan Stanley now owns 2,929,359 shares of the company’s stock valued at $130,357,000 after acquiring an additional 543,114 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,743,905 shares of the company’s stock valued at $124,439,000 after acquiring an additional 19,248 shares during the period.

About Amplify CWP Enhanced Dividend Income ETF

(Get Free Report)

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.

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