Short Interest in Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Drops By 89.4%

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 500 shares, a decrease of 89.4% from the March 31st total of 4,700 shares. Based on an average trading volume of 9,700 shares, the short-interest ratio is currently 0.1 days.

Amplify Cash Flow Dividend Leaders ETF Stock Up 0.1 %

Amplify Cash Flow Dividend Leaders ETF stock traded up $0.04 during trading hours on Friday, hitting $28.14. The stock had a trading volume of 3,630 shares, compared to its average volume of 8,682. The company has a 50-day moving average of $28.53 and a two-hundred day moving average of $26.66. The company has a market cap of $15.76 million, a PE ratio of 11.95 and a beta of 1.02. Amplify Cash Flow Dividend Leaders ETF has a fifty-two week low of $23.00 and a fifty-two week high of $29.99.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 29th will be issued a $0.0264 dividend. The ex-dividend date of this dividend is Friday, April 26th.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

Several large investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the 1st quarter worth approximately $3,602,000. Principal Securities Inc. acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the 4th quarter worth approximately $27,000. Finally, Penserra Capital Management LLC acquired a new position in shares of Amplify Cash Flow Dividend Leaders ETF in the 3rd quarter worth approximately $2,660,000.

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.