Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Down 38.2% in August

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,564 shares, a decrease of 38.2% from the August 15th total of 2,531 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 6,953 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Amplify Cash Flow Dividend Leaders ETF

A hedge fund recently raised its position in Amplify Cash Flow Dividend Leaders ETF stock. Rockefeller Capital Management L.P. boosted its stake in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) by 1,891.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,917 shares of the company’s stock after acquiring an additional 18,917 shares during the period. Rockefeller Capital Management L.P. owned about 2.03% of Amplify Cash Flow Dividend Leaders ETF worth $663,000 as of its most recent SEC filing.

Amplify Cash Flow Dividend Leaders ETF Stock Down 0.2%

Amplify Cash Flow Dividend Leaders ETF stock traded down $0.10 during mid-day trading on Wednesday, hitting $38.48. The company had a trading volume of 1,750 shares, compared to its average volume of 7,658. Amplify Cash Flow Dividend Leaders ETF has a 1 year low of $30.53 and a 1 year high of $40.70. The business has a fifty day moving average of $38.93 and a 200 day moving average of $36.18. The stock has a market cap of $76.91 million, a price-to-earnings ratio of 10.37 and a beta of 0.92.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 28th were issued a $0.0379 dividend. The ex-dividend date was Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 1.2%.

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.