Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Update

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 700 shares, a growth of 133.3% from the August 15th total of 300 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ COWS traded up $0.07 during mid-day trading on Monday, reaching $32.12. 1,440 shares of the company’s stock traded hands, compared to its average volume of 8,391. The stock has a market cap of $23.45 million, a P/E ratio of 10.37 and a beta of 1.08. The business has a 50-day simple moving average of $30.96 and a 200 day simple moving average of $28.81. Amplify Cash Flow Dividend Leaders ETF has a 1-year low of $23.53 and a 1-year high of $32.40.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 28th were issued a dividend of $0.0413 per share. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04. The ex-dividend date was Thursday, August 28th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the second quarter valued at about $64,000. Envestnet Asset Management Inc. lifted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 19.9% during the second 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 in the last quarter. Cetera Investment Advisers lifted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 49.4% during the first quarter. Cetera Investment Advisers now owns 10,391 shares of the company’s stock valued at $293,000 after purchasing an additional 3,435 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 3.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 132,525 shares of the company’s stock valued at $3,733,000 after purchasing an additional 4,696 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 47.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 31,194 shares of the company’s stock valued at $912,000 after purchasing an additional 10,056 shares in the last quarter.

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.