Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Shares Shorted: Short Interest Up 138.7% in September

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 7,330 shares, a growth of 138.7% from the September 15th total of 3,071 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 6,074 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

An institutional investor recently bought a new position in Amplify Cash Flow Dividend Leaders ETF stock. Castle Rock Wealth Management LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 7,274 shares of the company’s stock, valued at approximately $269,000. Castle Rock Wealth Management LLC owned 0.67% of Amplify Cash Flow Dividend Leaders ETF at the end of the most recent quarter.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

COWS opened at $37.55 on Thursday. The company’s 50-day simple moving average is $38.70 and its two-hundred day simple moving average is $36.72. The stock has a market capitalization of $40.93 million, a P/E ratio of 10.37 and a beta of 0.97. Amplify Cash Flow Dividend Leaders ETF has a 52-week low of $30.71 and a 52-week high of $40.70.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were paid a dividend of $0.0422 per share. The ex-dividend date was Tuesday, September 29th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous monthly dividend of $0.0379.

Amplify Cash Flow Dividend Leaders ETF Company Profile

(Get Free Report)

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.

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