Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Down 78.4% in June

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,642 shares, a decrease of 78.4% from the May 31st total of 16,823 shares. Based on an average daily trading volume, of 3,840 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are short sold.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

Shares of NASDAQ COWS traded up $0.20 during midday trading on Friday, reaching $36.48. 2,522 shares of the stock were exchanged, compared to its average volume of 7,383. Amplify Cash Flow Dividend Leaders ETF has a twelve month low of $29.05 and a twelve month high of $36.98. The stock has a market capitalization of $34.29 million, a P/E ratio of 10.37 and a beta of 0.96. The company has a 50 day simple moving average of $35.29 and a 200 day simple moving average of $34.26.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 28th were issued a $0.0605 dividend. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, May 28th.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers increased its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 57.0% in the 2nd quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock valued at $477,000 after purchasing an additional 5,921 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in Amplify Cash Flow Dividend Leaders ETF during the fourth quarter worth about $42,000. LPL Financial LLC grew its position in Amplify Cash Flow Dividend Leaders ETF by 12.2% during the fourth quarter. LPL Financial LLC now owns 40,911 shares of the company’s stock worth $1,361,000 after buying an additional 4,441 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in Amplify Cash Flow Dividend Leaders ETF by 2.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock valued at $1,206,000 after buying an additional 916 shares in the last quarter. Finally, CreativeOne Wealth LLC purchased a new position in Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at about $257,000.

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.