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 increase in short interest in February. As of February 13th, there was short interest totaling 15,086 shares, an increase of 44.3% from the January 29th total of 10,455 shares. Based on an average trading volume of 9,428 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.5% of the company’s stock are short sold. Currently, 1.5% of the company’s stock are short sold. Based on an average trading volume of 9,428 shares, the days-to-cover ratio is presently 1.6 days.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

Shares of Amplify Cash Flow Dividend Leaders ETF stock traded down $0.25 on Monday, hitting $34.43. The company had a trading volume of 2,550 shares, compared to its average volume of 12,081. The stock has a 50 day moving average of $33.94 and a 200-day moving average of $32.71. Amplify Cash Flow Dividend Leaders ETF has a 1 year low of $23.53 and a 1 year high of $35.25. The stock has a market capitalization of $33.74 million, a price-to-earnings ratio of 10.37 and a beta of 1.16.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a dividend of $0.0311 per share. The ex-dividend date was Thursday, February 26th.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

Several hedge funds have recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter valued at approximately $42,000. Kestra Advisory Services LLC purchased a new position in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at $128,000. CreativeOne Wealth LLC purchased a new position in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at $257,000. Penserra Capital Management LLC bought a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the 3rd quarter valued at about $494,000. Finally, Cetera Investment Advisers lifted its holdings in Amplify Cash Flow Dividend Leaders ETF by 57.0% in the second quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock worth $477,000 after buying an additional 5,921 shares during the period.

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.