Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Sees Significant Increase in Short Interest

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,400 shares, a growth of 7.7% from the January 15th total of 1,300 shares. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 0.1 days.

Amplify Cash Flow Dividend Leaders ETF Trading Up 1.0 %

Shares of COWS stock traded up $0.30 on Tuesday, hitting $30.21. 18,381 shares of the stock were exchanged, compared to its average volume of 20,128. The firm’s 50 day moving average is $29.89 and its two-hundred day moving average is $29.79. Amplify Cash Flow Dividend Leaders ETF has a one year low of $26.98 and a one year high of $32.26. The firm has a market capitalization of $16.62 million, a PE ratio of 11.59 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 30th were given a dividend of $0.0678 per share. The ex-dividend date of this dividend was Thursday, January 30th.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

Large investors have recently modified their holdings of the business. Cetera Investment Advisers purchased a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at approximately $205,000. Steward Partners Investment Advisory LLC raised its holdings in 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 valued at $381,000 after acquiring an additional 7,440 shares during the period. Envestnet Asset Management Inc. lifted its position 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 acquiring an additional 3,042 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 20.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 127,678 shares of the company’s stock worth $3,791,000 after acquiring an additional 21,603 shares in 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.