Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Down 78.4% in June

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,642 shares, a decrease of 78.4% from the May 31st total of 16,823 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 3,840 shares, the short-interest ratio is currently 0.9 days.

Amplify Cash Flow Dividend Leaders ETF Trading Down 0.9%

Shares of Amplify Cash Flow Dividend Leaders ETF stock traded down $0.33 during trading hours on Monday, reaching $36.15. The stock had a trading volume of 5,078 shares, compared to its average volume of 7,364. The firm has a market capitalization of $33.98 million, a price-to-earnings ratio of 10.37 and a beta of 0.96. Amplify Cash Flow Dividend Leaders ETF has a 1 year low of $29.16 and a 1 year high of $36.98. The firm has a 50 day simple moving average of $35.29 and a two-hundred day simple moving average of $34.27.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were issued a $0.0605 dividend. The ex-dividend date was Thursday, May 28th. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. lifted its position in Amplify Cash Flow Dividend Leaders ETF by 1,891.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 19,917 shares of the company’s stock worth $663,000 after acquiring an additional 18,917 shares in the last quarter. Cetera Investment Advisers grew its holdings in Amplify Cash Flow Dividend Leaders ETF by 16.4% during the 4th quarter. Cetera Investment Advisers now owns 26,270 shares of the company’s stock valued at $874,000 after purchasing an additional 3,702 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter worth $128,000. CreativeOne Wealth LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter valued at about $257,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Amplify Cash Flow Dividend Leaders ETF by 2.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock worth $1,206,000 after acquiring an additional 916 shares during the last quarter.

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.