Amplify Cash Flow High Income ETF (NASDAQ:HCOW – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 13,700 shares, a growth of 63.1% from the February 13th total of 8,400 shares. Approximately 3.5% of the company’s shares are short sold. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is presently 3.8 days.
Amplify Cash Flow High Income ETF Trading Up 1.6 %
HCOW traded up $0.37 during mid-day trading on Friday, hitting $23.76. The stock had a trading volume of 6,350 shares, compared to its average volume of 2,787. The stock’s fifty day simple moving average is $25.20 and its 200-day simple moving average is $25.78. Amplify Cash Flow High Income ETF has a 1-year low of $23.22 and a 1-year high of $28.73.
Amplify Cash Flow High Income ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were issued a $0.2068 dividend. The ex-dividend date was Thursday, February 27th. This is a positive change from Amplify Cash Flow High Income ETF’s previous monthly dividend of $0.17. This represents a $2.48 annualized dividend and a yield of 10.44%.
Institutional Investors Weigh In On Amplify Cash Flow High Income ETF
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.
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