Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Short Interest Update

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 48,386 shares, an increase of 191.8% from the August 15th total of 16,580 shares. Based on an average daily volume of 30,958 shares, the short-interest ratio is presently 1.6 days. Currently, 10.1% of the shares of the company are sold short.

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

Shares of BATS TLTP opened at $19.64 on Tuesday. The company’s fifty day moving average price is $20.14 and its 200 day moving average price is $20.91. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 1 year low of $19.53 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.