Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 471.4% in February

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 8,000 shares, an increase of 471.4% from the January 31st total of 1,400 shares. Based on an average daily trading volume, of 14,100 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

Hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers bought a new position in Amplify Cash Flow Dividend Leaders ETF in the 4th quarter worth about $205,000. Steward Partners Investment Advisory LLC boosted its stake in Amplify Cash Flow Dividend Leaders ETF by 135.6% in 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake in Amplify Cash Flow Dividend Leaders ETF by 23.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,284 shares of the company’s stock worth $481,000 after purchasing an additional 3,042 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Amplify Cash Flow Dividend Leaders ETF by 20.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 127,678 shares of the company’s stock worth $3,791,000 after purchasing an additional 21,603 shares in the last quarter.

Amplify Cash Flow Dividend Leaders ETF Stock Up 1.0 %

Shares of COWS stock traded up $0.29 during mid-day trading on Friday, reaching $29.08. 23,525 shares of the company’s stock traded hands, compared to its average volume of 19,108. Amplify Cash Flow Dividend Leaders ETF has a 12 month low of $27.17 and a 12 month high of $32.26. The company has a market cap of $15.99 million, a P/E ratio of 11.59 and a beta of 1.08. The company’s 50-day moving average price is $29.75 and its 200-day moving average price is $29.84.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 27th were issued a dividend of $0.0705 per share. The ex-dividend date of this dividend was Thursday, February 27th. This is a boost 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.