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

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 28,769 shares, an increase of 270.4% from the June 15th total of 7,768 shares. Currently, 6.0% of the company’s stock are short sold. Based on an average trading volume of 24,161 shares, the days-to-cover ratio is presently 1.2 days.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Price Performance

Shares of BATS TLTP opened at $20.58 on Friday. The stock’s 50-day simple moving average is $20.97 and its 200-day simple moving average is $21.59. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a fifty-two week low of $20.47 and a fifty-two week high of $23.36.

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

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.