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

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,210 shares, a decline of 55.5% from the July 30th total of 2,717 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average trading volume of 3,491 shares, the short-interest ratio is presently 0.3 days.

Amplify Bitcoin Max Income Covered Call ETF Stock Down 6.0%

Shares of BATS BAGY opened at $23.47 on Friday. The firm’s 50-day moving average is $23.14 and its two-hundred day moving average is $26.81. Amplify Bitcoin Max Income Covered Call ETF has a 12-month low of $21.30 and a 12-month high of $58.39.

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) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 960 shares of the company’s stock, valued at approximately $35,000. Kestra Advisory Services LLC owned approximately 0.30% of Amplify Bitcoin Max Income Covered Call ETF as of its most recent SEC filing.

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.