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

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 13,169 shares, a decrease of 72.6% from the April 30th total of 48,104 shares. Approximately 2.7% of the company’s stock are sold short. Based on an average daily trading volume, of 52,476 shares, the days-to-cover ratio is currently 0.3 days.

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

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF stock opened at $20.88 on Friday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 52-week low of $20.52 and a 52-week high of $23.36. The company’s 50 day moving average is $21.28 and its two-hundred day moving average is $21.92.

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.