Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 44.3% in February

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 15,086 shares, a growth of 44.3% from the January 29th total of 10,455 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily trading volume, of 9,428 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily trading volume, of 9,428 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in COWS. Hilton Head Capital Partners LLC acquired a new position in Amplify Cash Flow Dividend Leaders ETF during the fourth quarter worth approximately $42,000. Kestra Advisory Services LLC purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter worth approximately $128,000. CreativeOne Wealth LLC purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter worth approximately $257,000. Penserra Capital Management LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the 3rd quarter valued at $494,000. Finally, Cetera Investment Advisers raised its position in Amplify Cash Flow Dividend Leaders ETF by 57.0% in the 2nd quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock valued at $477,000 after purchasing an additional 5,921 shares during the last quarter.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ:COWS opened at $34.68 on Friday. Amplify Cash Flow Dividend Leaders ETF has a 12 month low of $23.53 and a 12 month high of $35.25. The firm has a market capitalization of $33.99 million, a P/E ratio of 10.37 and a beta of 1.16. The company’s fifty day moving average price is $33.94 and its 200 day moving average price is $32.70.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were issued a $0.0311 dividend. The ex-dividend date of this dividend was Thursday, February 26th.

Amplify Cash Flow Dividend Leaders ETF Company Profile

The Amplify Cash Flow Dividend Leaders ETF (COWS) is an exchange-traded fund that is based on the Kelly US Cash Flow Dividend Leaders index. The fund is passively managed to invest on US companies with high free cash flow yield and dividend growth. Holdings are weighted based on a modified equal-weight basis COWS was launched on Sep 13, 2023 and is issued by Amplify Investments.