Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Expands By 257.1%

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 5,000 shares, a growth of 257.1% from the June 15th total of 1,400 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is presently 0.8 days.

Amplify Cash Flow Dividend Leaders ETF Trading Up 2.4 %

Shares of NASDAQ COWS traded up $0.68 during mid-day trading on Friday, reaching $28.49. 6,608 shares of the company’s stock were exchanged, compared to its average volume of 7,417. The firm has a market capitalization of $15.10 million, a price-to-earnings ratio of 11.59 and a beta of 1.08. Amplify Cash Flow Dividend Leaders ETF has a twelve month low of $23.00 and a twelve month high of $29.99. The business has a fifty day simple moving average of $28.35 and a 200 day simple moving average of $27.97.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.0571 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Trading of Amplify Cash Flow Dividend Leaders ETF

A hedge fund recently bought a new stake in Amplify Cash Flow Dividend Leaders ETF stock. Principal Securities Inc. bought a new stake in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $27,000. Principal Securities Inc. owned 0.36% of Amplify Cash Flow Dividend Leaders ETF as of its most recent filing with the SEC.

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.