Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 7.7% in January

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,400 shares, a growth of 7.7% from the January 15th total of 1,300 shares. Based on an average daily volume of 11,300 shares, the short-interest ratio is currently 0.1 days.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

Shares of NASDAQ COWS traded up $0.30 during mid-day trading on Tuesday, reaching $30.21. The company had a trading volume of 18,381 shares, compared to its average volume of 20,128. Amplify Cash Flow Dividend Leaders ETF has a one year low of $26.98 and a one year high of $32.26. The firm has a market cap of $16.62 million, a price-to-earnings ratio of 11.59 and a beta of 1.08. The business’s 50-day simple moving average is $29.89 and its 200 day simple moving average is $29.79.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 30th were given a $0.0678 dividend. The ex-dividend date was Thursday, January 30th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers bought a new position in Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at about $205,000. Steward Partners Investment Advisory LLC grew its position in Amplify Cash Flow Dividend Leaders ETF by 135.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,925 shares of the company’s stock valued at $381,000 after acquiring an additional 7,440 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Amplify Cash Flow Dividend Leaders ETF by 23.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 16,284 shares of the company’s stock valued at $481,000 after acquiring an additional 3,042 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Amplify Cash Flow Dividend Leaders ETF by 20.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 127,678 shares of the company’s stock valued at $3,791,000 after acquiring an additional 21,603 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.