Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Short Interest Up 270.4% in June

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 28,769 shares, a growth of 270.4% from the June 15th total of 7,768 shares. Approximately 6.0% of the shares of the stock are sold short. Based on an average daily volume of 24,161 shares, the days-to-cover ratio is currently 1.2 days.

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

Shares of BATS TLTP opened at $20.48 on Tuesday. The stock’s 50-day moving average is $20.96 and its 200 day moving average is $21.58. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 1-year low of $20.47 and a 1-year high of $23.36.

About Amplify Bloomberg U.S. Treasury 12% Premium Income ETF

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.