Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Up 107.2% in July

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,032 shares, an increase of 107.2% from the July 15th total of 3,394 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 9,208 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

Several institutional investors and hedge funds have recently bought and sold shares of COWS. Hilton Head Capital Partners LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF in the fourth quarter valued at approximately $42,000. Kestra Advisory Services LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF during the 4th quarter worth approximately $128,000. CreativeOne Wealth LLC bought a new stake in Amplify Cash Flow Dividend Leaders ETF in the 4th quarter valued at $257,000. Cetera Investment Advisers raised its stake in Amplify Cash Flow Dividend Leaders ETF by 57.0% in the 2nd quarter. Cetera Investment Advisers now owns 16,312 shares of the company’s stock valued at $477,000 after acquiring an additional 5,921 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in 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 valued at $663,000 after purchasing an additional 18,917 shares during the last quarter.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of COWS opened at $40.18 on Monday. The company has a market cap of $41.79 million, a PE ratio of 10.37 and a beta of 0.92. The firm has a 50-day moving average of $37.38 and a 200-day moving average of $35.31. Amplify Cash Flow Dividend Leaders ETF has a one year low of $30.51 and a one year high of $40.33.

Amplify Cash Flow Dividend Leaders ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were issued a dividend of $0.0523 per share. The ex-dividend date was Thursday, July 30th. This is an increase from Amplify Cash Flow Dividend Leaders ETF’s previous dividend of $0.04.

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.