Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 107.2% in July

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 7,032 shares, an increase of 107.2% from the July 15th total of 3,394 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 9,208 shares, the days-to-cover ratio is presently 0.8 days.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

NASDAQ COWS traded down $0.07 during mid-day trading on Friday, reaching $40.18. 4,291 shares of the stock were exchanged, compared to its average volume of 7,435. The stock has a market capitalization of $41.79 million, a PE ratio of 10.37 and a beta of 0.92. Amplify Cash Flow Dividend Leaders ETF has a 1-year low of $30.51 and a 1-year high of $40.33. The business’s fifty day simple moving average is $37.38 and its 200 day simple moving average is $35.30.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 31st. Shareholders of record on Thursday, July 30th were paid a dividend of $0.0523 per share. The ex-dividend date of this dividend was Thursday, July 30th. This is a boost from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

Institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. boosted its stake in Amplify Cash Flow Dividend Leaders ETF by 1,891.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 19,917 shares of the company’s stock worth $663,000 after buying an additional 18,917 shares during the last quarter. CreativeOne Wealth LLC purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the 4th quarter worth about $257,000. Cetera Investment Advisers boosted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 57.0% in 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. LPL Financial LLC grew its holdings in Amplify Cash Flow Dividend Leaders ETF by 12.2% in the fourth quarter. LPL Financial LLC now owns 40,911 shares of the company’s stock valued at $1,361,000 after purchasing an additional 4,441 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $128,000.

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.