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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 7,330 shares, an increase of 138.7% from the September 15th total of 3,071 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,074 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

An institutional investor recently raised its position in Amplify Cash Flow Dividend Leaders ETF stock. Rockefeller Capital Management L.P. raised its holdings in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) by 1,891.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,917 shares of the company’s stock after purchasing an additional 18,917 shares during the period. Rockefeller Capital Management L.P. owned 2.03% of Amplify Cash Flow Dividend Leaders ETF worth $663,000 as of its most recent filing with the Securities and Exchange Commission.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ:COWS traded down $0.30 during trading on Wednesday, reaching $37.41. The stock had a trading volume of 5,637 shares, compared to its average volume of 7,636. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $30.71 and a 52 week high of $40.70. The business’s 50-day moving average price is $38.74 and its 200 day moving average price is $36.68. The stock has a market capitalization of $40.78 million, a PE ratio of 10.37 and a beta of 0.97.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a dividend of $0.0422 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.51 dividend on an annualized basis and a yield of 1.4%. This is a positive change from Amplify Cash Flow Dividend Leaders ETF’s previous monthly dividend of $0.0379.

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.