Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 2,649.9% in April

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 18,754 shares, a growth of 2,649.9% from the March 31st total of 682 shares. Based on an average trading volume of 6,377 shares, the short-interest ratio is presently 2.9 days. Currently, 2.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Amplify Cash Flow Dividend Leaders ETF

Hedge funds have recently added to or reduced their stakes in the company. Penserra Capital Management LLC purchased a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the third quarter valued at approximately $494,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 0.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 133,195 shares of the company’s stock valued at $4,280,000 after buying an additional 891 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 16.4% during the fourth quarter. Cetera Investment Advisers now owns 26,270 shares of the company’s stock valued at $874,000 after buying an additional 3,702 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 2.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock valued at $1,206,000 after buying an additional 916 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of Amplify Cash Flow Dividend Leaders ETF by 12.2% during the fourth quarter. LPL Financial LLC now owns 40,911 shares of the company’s stock valued at $1,361,000 after buying an additional 4,441 shares during the last quarter.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

Shares of Amplify Cash Flow Dividend Leaders ETF stock opened at $34.58 on Friday. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $25.72 and a 52 week high of $35.25. The stock has a 50 day moving average price of $33.76 and a two-hundred day moving average price of $33.20. The stock has a market capitalization of $32.51 million, a PE ratio of 10.37 and a beta of 1.06.

Amplify Cash Flow Dividend Leaders ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.0322 dividend. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, March 30th.

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.