Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Sees Significant Decline in Short Interest

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 8,851 shares, a decline of 23.2% from the November 30th total of 11,529 shares. Based on an average daily volume of 4,763 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.2% of the company’s shares are short sold. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 4,763 shares, the days-to-cover ratio is currently 1.9 days.

Amplify Cash Flow Dividend Leaders ETF Trading Down 0.9%

NASDAQ:COWS traded down $0.30 during trading hours on Wednesday, hitting $33.27. 5,366 shares of the company were exchanged, compared to its average volume of 7,273. The stock has a market capitalization of $23.95 million, a price-to-earnings ratio of 10.37 and a beta of 1.16. Amplify Cash Flow Dividend Leaders ETF has a one year low of $23.53 and a one year high of $34.20. The company has a fifty day simple moving average of $32.56 and a 200 day simple moving average of $31.52.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were issued a dividend of $0.0517 per share. The ex-dividend date was Monday, December 29th.

Institutional Investors Weigh In On Amplify Cash Flow Dividend Leaders ETF

A number of institutional investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Amplify Cash Flow Dividend Leaders ETF by 0.7% in 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 period. Steward Partners Investment Advisory LLC raised its position in shares of Amplify Cash Flow Dividend Leaders ETF by 47.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 31,194 shares of the company’s stock worth $912,000 after acquiring an additional 10,056 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of 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 valued at $575,000 after purchasing an additional 3,266 shares during the period. Cetera Investment Advisers lifted its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 57.0% in the 2nd quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock valued at $477,000 after purchasing an additional 5,921 shares during the period. Finally, Penserra Capital Management LLC bought a new stake in shares of Amplify Cash Flow Dividend Leaders ETF during the 3rd quarter valued at about $494,000.

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.