Short Interest in Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Grows By 63.9%

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,983 shares, an increase of 63.9% from the August 15th total of 1,210 shares. Currently, 2.5% of the company’s stock are short sold. Based on an average daily volume of 5,304 shares, the days-to-cover ratio is presently 0.4 days.

Amplify Bitcoin Max Income Covered Call ETF Price Performance

Shares of BAGY stock opened at $24.44 on Friday. Amplify Bitcoin Max Income Covered Call ETF has a one year low of $21.30 and a one year high of $57.60. The company’s 50-day moving average is $23.51 and its 200 day moving average is $26.33.

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.