Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Sees Significant Growth in Short Interest

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTPGet Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 31,477 shares, an increase of 139.0% from the May 14th total of 13,169 shares. Based on an average daily volume of 22,202 shares, the days-to-cover ratio is currently 1.4 days. Approximately 6.6% of the shares of the company are short sold.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Stock Down 0.0%

BATS:TLTP opened at $21.03 on Friday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a one year low of $20.52 and a one year high of $23.36. The firm’s fifty day moving average is $21.17 and its two-hundred day moving average is $21.79.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Company Profile

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The Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (TLTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund uses a fund-of-fund approach to track an index that measures the performance of the iShares 20+ Year Treasury Bond ETF (TLT) and writes one-week expiration, at-the-money call options. The fund aims to generate a targeted annualized option premium income of 12% through covered call FLEX option contracts. TLTP was launched on Oct 29, 2024 and is issued by Amplify Investments.

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