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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 300 shares, a drop of 57.1% from the August 31st total of 700 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Amplify Cash Flow Dividend Leaders ETF by 3.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 132,525 shares of the company’s stock valued at $3,733,000 after purchasing an additional 4,696 shares in the last quarter. Cetera Investment Advisers grew its stake in Amplify Cash Flow Dividend Leaders ETF by 49.4% during the 1st quarter. Cetera Investment Advisers now owns 10,391 shares of the company’s stock valued at $293,000 after acquiring an additional 3,435 shares in the last quarter. Harbour Investments Inc. acquired a new stake in Amplify Cash Flow Dividend Leaders ETF in the 2nd quarter valued at about $64,000. Envestnet Asset Management Inc. lifted its stake in Amplify Cash Flow Dividend Leaders ETF by 19.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 19,656 shares of the company’s stock worth $575,000 after purchasing an additional 3,266 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 47.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 31,194 shares of the company’s stock worth $912,000 after purchasing an additional 10,056 shares during the last quarter.

Amplify Cash Flow Dividend Leaders ETF Trading Up 0.4%

NASDAQ:COWS opened at $32.37 on Friday. Amplify Cash Flow Dividend Leaders ETF has a 12 month low of $23.53 and a 12 month high of $32.52. The stock has a 50 day moving average of $31.44 and a two-hundred day moving average of $29.21. The firm has a market cap of $23.31 million, a P/E ratio of 10.37 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were given a dividend of $0.0906 per share. The ex-dividend date was Monday, September 29th. This is a positive change from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04.

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.