Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Sees Significant Growth in Short Interest

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 95,982 shares, an increase of 210.1% from the September 30th total of 30,951 shares. Currently, 20.0% of the shares of the company are short sold. Based on an average daily volume of 39,887 shares, the days-to-cover ratio is presently 2.4 days.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Trading Down 0.2%

TLTP opened at $19.39 on Friday. The business’s 50-day simple moving average is $19.48 and its 200-day simple moving average is $20.83. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a one year low of $18.56 and a one year high of $22.88.

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.