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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 11,000 shares, a growth of 37.5% from the February 13th total of 8,000 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 0.7 days.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

NASDAQ:COWS traded down $0.06 during trading hours on Tuesday, reaching $28.27. The company’s stock had a trading volume of 541 shares, compared to its average volume of 16,305. The company has a market capitalization of $15.55 million, a P/E ratio of 10.92 and a beta of 1.08. Amplify Cash Flow Dividend Leaders ETF has a 12 month low of $27.15 and a 12 month high of $32.26. The stock has a 50 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 firm also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were paid a $0.0705 dividend. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.07. The ex-dividend date was Thursday, February 27th.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

A number of large investors have recently bought and sold shares of COWS. Steward Partners Investment Advisory LLC boosted its stake in 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 acquiring an additional 7,440 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 23.0% during the fourth 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 period. Finally, Cetera Investment Advisers purchased a new stake in Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $205,000.

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.