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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 7,032 shares, a growth of 107.2% from the July 15th total of 3,394 shares. Based on an average daily volume of 9,208 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.7% of the shares of the company are short sold.

Amplify Cash Flow Dividend Leaders ETF Trading Down 0.2%

Shares of NASDAQ:COWS traded down $0.07 on Friday, hitting $40.18. 4,291 shares of the company were exchanged, compared to its average volume of 7,435. The firm has a market capitalization of $41.79 million, a P/E ratio of 10.37 and a beta of 0.92. Amplify Cash Flow Dividend Leaders ETF has a 1-year low of $30.51 and a 1-year high of $40.33. The stock’s 50 day moving average price is $37.38 and its 200 day moving average price is $35.30.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 31st. Shareholders of record on Thursday, July 30th were given a dividend of $0.0523 per share. The ex-dividend date of this dividend was Thursday, July 30th. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 1,891.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 19,917 shares of the company’s stock worth $663,000 after purchasing an additional 18,917 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $42,000. LPL Financial LLC increased its holdings in Amplify Cash Flow Dividend Leaders ETF by 12.2% in the 4th 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 4th quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock worth $1,206,000 after buying an additional 916 shares during the period. Finally, Cetera Investment Advisers raised its position in Amplify Cash Flow Dividend Leaders ETF by 16.4% during the 4th quarter. Cetera Investment Advisers now owns 26,270 shares of the company’s stock worth $874,000 after buying an additional 3,702 shares during the last quarter.

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.