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

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 32,177 shares, a drop of 66.5% from the October 15th total of 95,982 shares. Based on an average trading volume of 22,716 shares, the short-interest ratio is currently 1.4 days. Approximately 6.7% of the company’s stock are sold short.

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

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF stock opened at $19.13 on Friday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 12 month low of $18.56 and a 12 month high of $22.86. The business’s fifty day simple moving average is $19.37 and its two-hundred day simple moving average is $20.70.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Company Profile

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.