Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Stock Short Interest Jumps 210.1%

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 95,982 shares, a growth of 210.1% from the September 30th total of 30,951 shares. Currently, 20.0% of the shares of the company are sold short. Based on an average daily volume of 39,887 shares, the days-to-cover ratio is currently 2.4 days.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Trading Up 0.2%

BATS TLTP opened at $19.42 on Friday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a one year low of $18.56 and a one year high of $22.86. The business’s fifty day moving average is $19.47 and its 200-day moving average is $20.82.

About Amplify Bloomberg U.S. Treasury 12% Premium Income ETF

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.