Short Interest in Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Expands By 191.8%

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 48,386 shares, a growth of 191.8% from the August 15th total of 16,580 shares. Based on an average daily trading volume, of 30,958 shares, the short-interest ratio is presently 1.6 days. Approximately 10.1% of the shares of the stock are short sold.

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

BATS:TLTP opened at $19.62 on Monday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 52-week low of $19.60 and a 52-week high of $23.36. The stock has a fifty day moving average of $20.17 and a 200 day moving average of $20.93.

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.