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

Posted by Trevor Kearing on Nov 12th, 2024

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,400 shares, a growth of 600.0% from the October 15th total of 200 shares. Based on an average trading volume of 6,200 shares, the days-to-cover ratio is currently 0.2 days.

Amplify Cash Flow Dividend Leaders ETF Trading Down 0.9 %

Amplify Cash Flow Dividend Leaders ETF stock traded down $0.27 during midday trading on Tuesday, reaching $30.78. 4,805 shares of the stock traded hands, compared to its average volume of 6,877. The firm has a fifty day moving average price of $29.51 and a two-hundred day moving average price of $28.88. Amplify Cash Flow Dividend Leaders ETF has a fifty-two week low of $23.72 and a fifty-two week high of $31.09. The firm has a market cap of $19.39 million, a price-to-earnings ratio of 11.59 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 30th were issued a dividend of $0.0392 per share. The ex-dividend date of this dividend was Wednesday, October 30th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Amplify Cash Flow Dividend Leaders ETF stock. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Free Report) by 20.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 127,678 shares of the company’s stock after buying an additional 21,603 shares during the period. Wealth Enhancement Advisory Services LLC owned about 20.27% of Amplify Cash Flow Dividend Leaders ETF worth $3,791,000 at the end of the most recent reporting period.

About Amplify Cash Flow Dividend Leaders ETF

(Get Free Report)

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.