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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWSGet Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 2,000 shares, an increase of 233.3% from the April 30th total of 600 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Amplify Cash Flow Dividend Leaders ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC bought a new position in Amplify Cash Flow Dividend Leaders ETF in the 1st quarter worth about $3,602,000. Penserra Capital Management LLC bought a new stake in Amplify Cash Flow Dividend Leaders ETF in the third quarter worth $2,660,000. Finally, Principal Securities Inc. purchased a new stake in Amplify Cash Flow Dividend Leaders ETF during the 4th quarter valued at about $27,000.

Amplify Cash Flow Dividend Leaders ETF Price Performance

COWS stock traded up $0.30 during midday trading on Thursday, reaching $28.54. 1,571 shares of the stock were exchanged, compared to its average volume of 8,477. The stock has a market capitalization of $16.27 million, a PE ratio of 11.59 and a beta of 1.08. The company has a fifty day moving average price of $28.77 and a 200 day moving average price of $27.44. Amplify Cash Flow Dividend Leaders ETF has a 52 week low of $23.00 and a 52 week high of $29.99.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 30th will be issued a dividend of $0.0742 per share. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.03. The ex-dividend date is Thursday, May 30th.

Amplify Cash Flow Dividend Leaders ETF Company Profile

(Get Free Report)

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.

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