Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Expands By 600.0%

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,400 shares, a growth of 600.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 6,200 shares, the days-to-cover ratio is presently 0.2 days.

Amplify Cash Flow Dividend Leaders ETF Price Performance

Shares of NASDAQ:COWS traded up $0.07 during midday trading on Wednesday, hitting $30.85. The company had a trading volume of 413 shares, compared to its average volume of 6,847. The company has a market cap of $19.44 million, a price-to-earnings ratio of 11.59 and a beta of 1.08. Amplify Cash Flow Dividend Leaders ETF has a 12-month low of $24.32 and a 12-month high of $31.09. The company has a fifty day moving average of $29.55 and a two-hundred day moving average of $28.89.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 30th were paid a $0.0392 dividend. The ex-dividend date was Wednesday, October 30th.

Institutional Investors Weigh In On Amplify Cash Flow Dividend Leaders ETF

A hedge fund recently raised its stake in Amplify Cash Flow Dividend Leaders ETF stock. Wealth Enhancement Advisory Services LLC boosted its holdings in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) by 20.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 127,678 shares of the company’s stock after buying an additional 21,603 shares during the period. Wealth Enhancement Advisory Services LLC owned 20.27% of Amplify Cash Flow Dividend Leaders ETF worth $3,791,000 as of its most recent SEC filing.

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.