Short Interest in Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) Grows By 86.5%

Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,660 shares, a growth of 86.5% from the August 15th total of 890 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily volume of 4,430 shares, the short-interest ratio is currently 0.4 days.

Amplify Bitcoin 2% Monthly Option Income ETF Stock Up 0.1%

Shares of BITY opened at $27.03 on Thursday. Amplify Bitcoin 2% Monthly Option Income ETF has a 12 month low of $23.75 and a 12 month high of $59.21. The stock’s 50-day moving average price is $26.66 and its two-hundred day moving average price is $29.02.

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.