Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Drops By 89.4%

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a decrease of 89.4% from the March 31st total of 4,700 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Principal Securities Inc. bought a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at $27,000. Penserra Capital Management LLC purchased a new stake in Amplify Cash Flow Dividend Leaders ETF during the 3rd quarter valued at $2,660,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Amplify Cash Flow Dividend Leaders ETF during the 1st quarter valued at $3,602,000.

Amplify Cash Flow Dividend Leaders ETF Stock Performance

Shares of COWS stock traded up $0.04 on Friday, hitting $28.14. 3,630 shares of the company’s stock traded hands, compared to its average volume of 8,682. Amplify Cash Flow Dividend Leaders ETF has a one year low of $23.00 and a one year high of $29.99. The company’s fifty day simple moving average is $28.53 and its 200 day simple moving average is $26.66. The stock has a market capitalization of $15.76 million, a price-to-earnings ratio of 11.95 and a beta of 1.02.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 29th will be issued a dividend of $0.0264 per share. The ex-dividend date of this dividend is Friday, April 26th.

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.