Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Sees Significant Decrease in Short Interest

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 5,863 shares, a decrease of 51.3% from the February 26th total of 12,041 shares. Based on an average daily volume of 4,435 shares, the short-interest ratio is presently 1.3 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC purchased a new position in Amplify Cash Flow Dividend Leaders ETF in the 4th quarter valued at about $42,000. Kestra Advisory Services LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $128,000. CreativeOne Wealth LLC purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter valued at approximately $257,000. Penserra Capital Management LLC purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the third quarter valued at approximately $494,000. Finally, Cetera Investment Advisers boosted its position in Amplify Cash Flow Dividend Leaders ETF by 57.0% during the second quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock worth $477,000 after acquiring an additional 5,921 shares during the last quarter.

Amplify Cash Flow Dividend Leaders ETF Stock Down 1.2%

Shares of COWS traded down $0.40 during mid-day trading on Friday, reaching $32.70. 1,872 shares of the company’s stock were exchanged, compared to its average volume of 10,057. Amplify Cash Flow Dividend Leaders ETF has a 52-week low of $23.53 and a 52-week high of $35.25. The company has a market cap of $32.05 million, a price-to-earnings ratio of 10.37 and a beta of 1.16. The company has a 50-day simple moving average of $33.83 and a two-hundred day simple moving average of $32.95.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a dividend of $0.0311 per share. The ex-dividend date of this dividend was Thursday, February 26th.

About Amplify Cash Flow Dividend Leaders ETF

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.