Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS) Short Interest Down 56.0% in July

Posted by Amy Steele on Jul 28th, 2024

Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 2,200 shares, a decline of 56.0% from the June 30th total of 5,000 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Amplify Cash Flow Dividend Leaders ETF

A hedge fund recently bought a new stake in Amplify Cash Flow Dividend Leaders ETF stock. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Amplify Cash Flow Dividend Leaders ETF (NASDAQ:COWS – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 120,784 shares of the company’s stock, valued at approximately $3,602,000. Wealth Enhancement Advisory Services LLC owned about 21.57% of Amplify Cash Flow Dividend Leaders ETF at the end of the most recent quarter.

Amplify Cash Flow Dividend Leaders ETF Price Performance

NASDAQ COWS traded up $0.40 on Friday, reaching $29.21. 6,642 shares of the company’s stock traded hands, compared to its average volume of 7,390. The stock has a market cap of $15.77 million, a PE ratio of 11.59 and a beta of 1.08. Amplify Cash Flow Dividend Leaders ETF has a 12 month low of $23.00 and a 12 month high of $29.99. The stock has a 50-day simple moving average of $28.41 and a 200 day simple moving average of $28.13.

Amplify Cash Flow Dividend Leaders ETF Cuts Dividend

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

Amplify Cash Flow Dividend Leaders ETF Company Profile

(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.