Short Interest in Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Declines By 49.4%

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,023 shares, a drop of 49.4% from the June 15th total of 2,022 shares. Based on an average daily volume of 5,371 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.3% of the shares of the company are short sold.

Amplify Bitcoin Max Income Covered Call ETF Trading Down 1.2%

Shares of BATS BAGY opened at $23.18 on Friday. The business’s 50 day moving average price is $25.54 and its 200 day moving average price is $29.73. Amplify Bitcoin Max Income Covered Call ETF has a 52 week low of $21.30 and a 52 week high of $60.68.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Amplify Bitcoin Max Income Covered Call ETF stock. Kestra Advisory Services LLC bought a new stake in shares of Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 960 shares of the company’s stock, valued at approximately $35,000. Kestra Advisory Services LLC owned 0.30% of Amplify Bitcoin Max Income Covered Call ETF at the end of the most recent reporting period.

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.