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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 11,000 shares, a growth of 37.5% from the February 13th total of 8,000 shares. Based on an average daily volume of 14,900 shares, the days-to-cover ratio is currently 0.7 days. Approximately 2.0% of the company’s stock are short sold.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ:COWS traded up $0.27 during trading on Monday, reaching $28.14. 4,225 shares of the stock were exchanged, compared to its average volume of 16,579. The stock has a fifty day moving average of $29.43 and a two-hundred day moving average of $29.78. Amplify Cash Flow Dividend Leaders ETF has a 1-year low of $27.15 and a 1-year high of $32.26. The firm has a market cap of $15.48 million, a price-to-earnings ratio of 10.92 and a beta of 1.08.

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 given a dividend of $0.0705 per share. The ex-dividend date was Thursday, February 27th. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.07.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Cetera Investment Advisers bought a new position in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at $205,000. Steward Partners Investment Advisory LLC grew its position 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. Finally, Envestnet Asset Management Inc. increased 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 valued at $481,000 after buying an additional 3,042 shares during the last quarter.

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.