Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) Short Interest Down 49.8% in July

Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 635 shares, a drop of 49.8% from the June 30th total of 1,264 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 9,314 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Amplify Bitcoin 2% Monthly Option Income ETF

Several large investors have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in Amplify Bitcoin 2% Monthly Option Income ETF during the 2nd quarter valued at about $637,000. Kestra Advisory Services LLC acquired a new stake in shares of Amplify Bitcoin 2% Monthly Option Income ETF in the fourth quarter valued at $40,000. Finally, OLD Mission Capital LLC acquired a new position in shares of Amplify Bitcoin 2% Monthly Option Income ETF in the fourth quarter valued at approximately $297,000.

Amplify Bitcoin 2% Monthly Option Income ETF Stock Down 0.2%

BITY opened at $25.76 on Thursday. Amplify Bitcoin 2% Monthly Option Income ETF has a fifty-two week low of $23.75 and a fifty-two week high of $61.26. The company has a fifty day moving average of $26.80 and a two-hundred day moving average of $31.20.

About Amplify Bitcoin 2% Monthly Option Income ETF

Amplify ETF Trust – Amplify Bitcoin 24% Premium Income 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 1 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.