Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Down 51.3% in March

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,863 shares, a decrease of 51.3% from the February 26th total of 12,041 shares. Based on an average daily trading volume, of 4,435 shares, the short-interest ratio is currently 1.3 days. Approximately 0.6% of the company’s shares are short sold.

Amplify Cash Flow Dividend Leaders ETF Stock Up 0.5%

COWS opened at $33.36 on Thursday. The firm has a market cap of $32.69 million, a P/E ratio of 10.37 and a beta of 1.16. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $23.53 and a 52 week high of $35.25. The business has a fifty day simple moving average of $33.85 and a 200-day simple moving average of $32.95.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.0311 dividend. The ex-dividend date was Thursday, February 26th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers increased its position in shares of 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 valued at $477,000 after buying an additional 5,921 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Amplify Cash Flow Dividend Leaders ETF by 47.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 31,194 shares of the company’s stock valued at $912,000 after acquiring an additional 10,056 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in 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 worth $4,280,000 after acquiring an additional 891 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in shares of Amplify Cash Flow Dividend Leaders ETF in the third quarter valued at about $494,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $42,000.

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.