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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the target of a significant drop in short interest in 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 trading volume, of 7,519 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Amplify Cash Flow Dividend Leaders ETF Trading Up 0.3%

Shares of NASDAQ:COWS traded up $0.11 during midday trading on Friday, hitting $40.44. 2,356 shares of the stock were exchanged, compared to its average volume of 7,369. Amplify Cash Flow Dividend Leaders ETF has a twelve month low of $30.53 and a twelve month high of $40.70. The company has a 50 day moving average price of $38.20 and a 200-day moving average price of $35.74. The stock has a market cap of $42.06 million, a P/E ratio of 10.37 and a beta of 0.92.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 28th will be issued a dividend of $0.0379 per share. The ex-dividend date is Friday, August 28th.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

Several institutional investors and hedge funds have recently modified their holdings of COWS. Rockefeller Capital Management L.P. increased its stake in shares of Amplify Cash Flow Dividend Leaders ETF by 1,891.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 19,917 shares of the company’s stock worth $663,000 after purchasing an additional 18,917 shares in the last quarter. Cetera Investment Advisers lifted its stake in Amplify Cash Flow Dividend Leaders ETF by 16.4% in the 4th quarter. Cetera Investment Advisers now owns 26,270 shares of the company’s stock valued at $874,000 after buying an additional 3,702 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at $128,000. CreativeOne Wealth LLC acquired a new stake in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at $257,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in Amplify Cash Flow Dividend Leaders ETF by 2.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 36,241 shares of the company’s stock valued at $1,206,000 after buying an additional 916 shares during the last quarter.

About Amplify Cash Flow Dividend Leaders ETF

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.