Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Sees Large Decrease in Short Interest

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,023 shares, a decrease of 49.4% from the June 15th total of 2,022 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average trading volume of 5,371 shares, the days-to-cover ratio is currently 0.2 days.

Amplify Bitcoin Max Income Covered Call ETF Trading Up 4.6%

BAGY stock opened at $23.28 on Wednesday. Amplify Bitcoin Max Income Covered Call ETF has a twelve month low of $21.30 and a twelve month high of $60.68. The business’s fifty day simple moving average is $25.86 and its two-hundred day simple moving average is $29.93.

Institutional Investors Weigh In On Amplify Bitcoin Max Income Covered Call ETF

An institutional investor recently bought a new stake in Amplify Bitcoin Max Income Covered Call ETF stock. Kestra Advisory Services LLC acquired a new stake in Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 960 shares of the company’s stock, valued at approximately $35,000. Kestra Advisory Services LLC owned 0.30% of Amplify Bitcoin Max Income Covered Call ETF at the end of the most recent reporting period.

About Amplify Bitcoin Max Income Covered Call ETF

Amplify ETF Trust – Amplify Bitcoin Max Income Covered Call ETF is an exchange traded fund launched and managed by Amplify Investments LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it invests directly in U.S Treasuries and cash with the maturity of 6 month to 2 years. For its currency portion, it invests through derivatives and through other funds in bitcoin. The fund uses derivatives such as options to create its portfolio. It seeks to invests through a wholly-owned Cayman Islands subsidiary.