Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Short Interest Update

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,717 shares, an increase of 116.3% from the July 15th total of 1,256 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,894 shares, the days-to-cover ratio is currently 0.7 days.

Amplify Bitcoin Max Income Covered Call ETF Stock Performance

BATS BAGY opened at $22.39 on Monday. The company has a 50-day simple moving average of $23.11 and a two-hundred day simple moving average of $27.44. Amplify Bitcoin Max Income Covered Call ETF has a 12-month low of $21.30 and a 12-month high of $59.09.

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

An institutional investor recently bought a new position in Amplify Bitcoin Max Income Covered Call ETF stock. Kestra Advisory Services LLC purchased a new stake in shares of Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 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.

Amplify Bitcoin Max Income Covered Call ETF Company Profile

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.