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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, a drop of 90.0% from the February 28th total of 11,000 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 15,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

Several institutional investors and hedge funds have recently bought and sold shares of COWS. Steward Partners Investment Advisory LLC increased its stake 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 during the last quarter. Cetera Investment Advisers bought a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at about $205,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 23.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,284 shares of the company’s stock worth $481,000 after buying an additional 3,042 shares during the period.

Amplify Cash Flow Dividend Leaders ETF Stock Up 0.0 %

COWS traded up $0.01 during trading hours on Wednesday, hitting $28.69. 5,525 shares of the company’s stock were exchanged, compared to its average volume of 15,372. The stock has a market cap of $15.78 million, a price-to-earnings ratio of 12.27 and a beta of 1.08. Amplify Cash Flow Dividend Leaders ETF has a 1-year low of $27.15 and a 1-year high of $32.26. The stock’s 50-day moving average is $29.23 and its two-hundred day moving average is $29.75.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were given a $0.0705 dividend. The ex-dividend date was Thursday, February 27th. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.07.

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.