Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Expands By 37.5%

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 11,000 shares, an increase of 37.5% from the February 13th total of 8,000 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 0.7 days. Currently, 2.0% of the shares of the company are short sold.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in Amplify Cash Flow Dividend Leaders ETF by 23.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,284 shares of the company’s stock worth $481,000 after purchasing an additional 3,042 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF in the 4th quarter valued at $205,000. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 135.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,925 shares of the company’s stock valued at $381,000 after buying an additional 7,440 shares in the last quarter.

Amplify Cash Flow Dividend Leaders ETF Trading Down 0.2 %

Amplify Cash Flow Dividend Leaders ETF stock traded down $0.06 on Tuesday, reaching $28.27. 541 shares of the stock were exchanged, compared to its average volume of 16,305. The stock has a market cap of $15.55 million, a PE ratio of 10.92 and a beta of 1.08. Amplify Cash Flow Dividend Leaders ETF has a twelve month low of $27.15 and a twelve month high of $32.26. The firm has a fifty day moving average price of $29.40 and a two-hundred day moving average price of $29.77.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were given a dividend of $0.0705 per share. This is a positive change from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, February 27th.

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.