Short Interest in Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Increases By 116.3%

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) saw a large increase in short interest during the month of 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 trading volume of 3,894 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds 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. Jane Street Group LLC acquired a new position in shares of Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,527 shares of the company’s stock, valued at approximately $606,000. Jane Street Group LLC owned about 5.16% of Amplify Bitcoin Max Income Covered Call ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Amplify Bitcoin Max Income Covered Call ETF Stock Performance

Shares of Amplify Bitcoin Max Income Covered Call ETF stock opened at $22.39 on Friday. The stock’s 50 day simple moving average is $23.11 and its 200-day simple moving average is $27.52. Amplify Bitcoin Max Income Covered Call ETF has a 1-year low of $21.30 and a 1-year high of $59.09.

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.