Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Sees Large Increase in Short Interest

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 11,072 shares, a growth of 28.4% from the December 31st total of 8,620 shares. Based on an average daily trading volume, of 19,361 shares, the short-interest ratio is presently 0.6 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 19,361 shares, the short-interest ratio is presently 0.6 days.

Amplify Cash Flow Dividend Leaders ETF Stock Up 0.7%

COWS traded up $0.24 during midday trading on Monday, hitting $34.04. 4,412 shares of the company traded hands, compared to its average volume of 16,267. The company’s 50-day moving average is $33.49 and its 200 day moving average is $32.19. The firm has a market capitalization of $30.64 million, a PE ratio of 10.37 and a beta of 1.16. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $23.53 and a 52 week high of $34.53.

Amplify Cash Flow Dividend Leaders ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a $0.0399 dividend. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, January 29th.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

A number of institutional investors and hedge funds have recently modified their holdings of COWS. Harbour Investments Inc. purchased a new stake in Amplify Cash Flow Dividend Leaders ETF during the second quarter valued at $64,000. Envestnet Asset Management Inc. grew its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 19.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,656 shares of the company’s stock valued at $575,000 after purchasing an additional 3,266 shares during the period. Cetera Investment Advisers increased its position in shares of Amplify Cash Flow Dividend Leaders ETF by 57.0% during 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. Steward Partners Investment Advisory LLC boosted its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 47.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 31,194 shares of the company’s stock worth $912,000 after buying an additional 10,056 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Amplify Cash Flow Dividend Leaders ETF by 0.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 133,195 shares of the company’s stock valued at $4,280,000 after buying an additional 891 shares during the last quarter.

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.