Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Drops By 64.0%

by · The Markets Daily

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Get Free Report) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,531 shares, a drop of 64.0% from the July 30th total of 7,032 shares. Based on an average daily volume of 7,519 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers boosted its position 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 purchasing an additional 5,921 shares during the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the fourth quarter valued at approximately $42,000. LPL Financial LLC increased its holdings in Amplify Cash Flow Dividend Leaders ETF by 12.2% in the 4th quarter. LPL Financial LLC now owns 40,911 shares of the company’s stock valued at $1,361,000 after acquiring an additional 4,441 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Amplify Cash Flow Dividend Leaders ETF by 2.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock worth $1,206,000 after purchasing an additional 916 shares during the last quarter. Finally, CreativeOne Wealth LLC purchased a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the 4th quarter worth approximately $257,000.

Amplify Cash Flow Dividend Leaders ETF Trading Up 0.3%

NASDAQ:COWS traded up $0.11 during trading hours on Friday, reaching $40.44. The company had a trading volume of 2,356 shares, compared to its average volume of 7,369. The firm has a market cap of $42.06 million, a price-to-earnings ratio of 10.37 and a beta of 0.92. The firm’s 50 day moving average price is $38.12 and its 200-day moving average price is $35.71. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $30.53 and a 52 week high of $40.70.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 28th will be issued a $0.0379 dividend. The ex-dividend date of this dividend is Friday, August 28th.

Amplify Cash Flow Dividend Leaders ETF Company Profile

(Get Free Report)

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.

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