Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 471.4% in February

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,000 shares, a growth of 471.4% from the January 31st total of 1,400 shares. Based on an average trading volume of 14,100 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 20.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 127,678 shares of the company’s stock valued at $3,791,000 after buying an additional 21,603 shares during the period. Cetera Investment Advisers acquired a new position in Amplify Cash Flow Dividend Leaders ETF in the 4th quarter valued at approximately $205,000. Envestnet Asset Management Inc. lifted its position in shares of 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 acquiring an additional 3,042 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 135.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 12,925 shares of the company’s stock worth $381,000 after purchasing an additional 7,440 shares in the last quarter.

Amplify Cash Flow Dividend Leaders ETF Trading Down 0.0 %

NASDAQ:COWS traded down $0.01 during mid-day trading on Friday, hitting $28.78. 7,921 shares of the company’s stock traded hands, compared to its average volume of 18,708. The firm has a market capitalization of $15.83 million, a price-to-earnings ratio of 11.59 and a beta of 1.08. The firm has a 50 day moving average of $29.75 and a two-hundred day moving average of $29.83. Amplify Cash Flow Dividend Leaders ETF has a 12 month low of $27.17 and a 12 month high of $32.26.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 27th will be given a $0.0705 dividend. This is a positive change from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.07. The ex-dividend date is 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.