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

Posted by Mickey Rousseau on Nov 14th, 2024

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

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 grew its holdings in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Free Report) by 20.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,678 shares of the company’s stock after buying an additional 21,603 shares during the quarter. 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.

Amplify Cash Flow Dividend Leaders ETF Trading Up 0.2 %

Shares of NASDAQ:COWS traded up $0.06 during trading on Thursday, reaching $30.83. The stock had a trading volume of 1,244 shares, compared to its average volume of 6,824. Amplify Cash Flow Dividend Leaders ETF has a one year low of $24.48 and a one year high of $31.09. The firm’s 50-day simple moving average is $29.59 and its 200 day simple moving average is $28.91. The company has a market capitalization of $19.42 million, a P/E ratio of 11.59 and a beta of 1.08.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

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

About Amplify Cash Flow Dividend Leaders ETF

(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.