Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Increases By 257.1%

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 5,000 shares, a growth of 257.1% from the June 15th total of 1,400 shares. Based on an average daily trading volume, of 6,300 shares, the days-to-cover ratio is presently 0.8 days.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ:COWS traded up $0.64 during trading on Thursday, reaching $28.45. The stock had a trading volume of 2,595 shares, compared to its average volume of 7,387. The business’s 50-day moving average price is $28.33 and its 200 day moving average price is $27.97. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $23.00 and a 52 week high of $29.99. The stock has a market capitalization of $15.08 million, a PE ratio of 11.59 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.0571 per share. The ex-dividend date was Thursday, June 27th.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

A hedge fund recently bought a new stake in Amplify Cash Flow Dividend Leaders ETF stock. Principal Securities Inc. acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $27,000. Principal Securities Inc. owned about 0.36% of Amplify Cash Flow Dividend Leaders ETF as of its most recent SEC filing.

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.