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

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant decrease in short interest in the month of 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 shares are short sold. Based on an average daily volume of 6,953 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Amplify Cash Flow Dividend Leaders ETF stock. Hilton Head Capital Partners LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,250 shares of the company’s stock, valued at approximately $42,000. Hilton Head Capital Partners LLC owned about 0.13% of Amplify Cash Flow Dividend Leaders ETF at the end of the most recent quarter.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ COWS traded down $0.10 during midday trading on Wednesday, hitting $38.48. The company’s stock had a trading volume of 1,750 shares, compared to its average volume of 7,658. The business’s fifty day simple moving average is $38.93 and its two-hundred day simple moving average is $36.18. Amplify Cash Flow Dividend Leaders ETF has a 1 year low of $30.53 and a 1 year high of $40.70. The firm has a market capitalization 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 firm also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 28th were issued a dividend of $0.0379 per share. The ex-dividend date was Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 1.2%.

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.